Gamco Investors Proxy Access Campaign Turned Out To Be A Flop – ValueWalk Premium
Gamco Investors

Gamco Investors Proxy Access Campaign Turned Out To Be A Flop

A couple of weeks ago I wrote about how Gamco Investors had become the first activist, nay, the first shareholder to file a proxy access nomination.

On Monday that campaign turned out to be a flop. Faced with a vigorous defense, Gamco’s nominee withdrew his name from contention and in a two-line summary of its position filed via a Schedule 13D, Gamco said it “will not pursue proxy access.”

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