Barbarians No More: Prepare For The New Activist Investor
March 21, 2014, 12:37 AM EDT
Law360, New York (March 21, 2014, 12:37 AM EDT) -- Not long ago, The Wall Street Journal profiled a prominent fund manager highlighting how he works productively with the CEOs and boards of companies in which he invested. The piece said the “soft-spoken yoga devotee” has a history of building “collaborative relationships” and often avoids “tough tactics.”
This was not a profile of Warren Buffet or Bill Miller, but of Barry Rosenstein, the activist investor in charge of Jana Partners, the firm that forced the breakup of McGraw-Hill, Oil States International and Marathon, and waged a...