A Proxy Season For The Record Books

Law360, New York (June 24, 2016, 10:56 AM EDT) -- When it comes to proxy contests and shareholder activism, the first half of 2016 was in many ways one for the record books. All told, there have been over 400 activist campaigns initiated worldwide this year, including more than 269 in the U.S. alone at the end of last month, according to Activist Insight. Based on rumored situations and how volatile markets impact the activist process, 2016 could likely be the most active year in history. Some large public companies including Yahoo, AIG, Pandora, United Continental Holdings and Xerox have found themselves in the crosshairs of activist investors, and many have...

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