UPDATE 1-Coronavirus hurts corporate activism now, but rebound expected
Activist shareholders are
likely to scale back campaigns in the coming weeks as target
companies brace for a deep recession and their favorite calls
for change – ranging from mergers to returning cash – are
ignored during the coronavirus pandemic.
likely to scale back campaigns in the coming weeks as target
companies brace for a deep recession and their favorite calls
for change – ranging from mergers to returning cash – are
ignored during the coronavirus pandemic.
Posted by Reuters
