Activists, Gone Mainstream, Poised To Bet Bigger In 2014
Law360, New York (January 1, 2014, 10:08 AM EST) -- Fresh off a record run, activist investors will continue carving out a more prominent place for themselves in 2014 — a year experts predict will be defined by a flood of newcomers to the marketplace and bigger, more accommodating targets.
The past 12 months, underpinned by a string of high-profile campaigns, have provided activists momentum that will carry them into the 2014 proxy season, expected to be another banner round of more sophisticated calls for change. And the successes also added something else — mainstream support for the activist strategy that had previously eluded even its best-known players.
“Investors and media...
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