We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Hedge Funds Led Shareholder Activism In '07: Study

Law360 (January 9, 2008, 12:00 AM EST) -- Shareholder activism continued to grow in 2007, with more United States-based hedge funds and institutional investors pushing companies’ management to take action to increase stock values, according to a report released Monday.

Last year 501 activist and other campaigns for corporate control were announced, up from 429 campaigns in 2006, according to a report by FactSet SharkWatch, which tracks activist campaigns and takeover defenses of companies. Hedge funds, which showed a greater willingness to push for change in 2007, participated in 54 percent of all the...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.