Settlements Get Tougher For Activist Investors

Settlements Get Tougher For Activists by Activist Insight The length of time taken to settle an activist demand for board seats increases for the first time in three years. Activist Insight data suggests that the number of days taken to negotiate a board seat has increased for the first time since 2013. According to the data, companies that awarded an activist a board seat in 2016 as part of a settlement agreement did so after an average of 64 days. Last year, the average length of negotiations was 54 days. In 2013 and 2014, Activist Insight found that the average…