A critical part of an activist investor’s strategy is to be heard loud and clear in the corporate boardroom – preferably by instilling a degree of fear in the management and corporate directors so they pay attention. Diminishing the influence of an activist investor’s voice could dampen the effectiveness of their strategy.
Carl Icahn's angry phone call to Larry Fink
It is for this reason that an "angry" phone call between activist investor Carl Icahn and BlackRock, Inc. (NYSE:BLK)’s Larry Fink is so interesting.
In March Fink wrote a letter to CEOs of publicly traded companies and...
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