Activist Stocks: Steel Partners, NQ Mobile, Alliance Trust

Activist lovers and friends,

Things are out of control. You’re know what I mean in just a bit. In any case, nice blend of news and stories today; see below. Shoot us tips on Twitter at @activiststocks or via email.

News:

• Alliance Trust rejected Elliott Management’s three nominees for its board.

• The @muddywatersre target, NQ Mobile, added Chun Ding to its board. Chun is the ChinaRock Capital Management co-founder, and recall before that he spent nearly a decade with Thomas Steyer’s Farallon Capital. CRCM owns just under 10% of NQ Mobile as of Jan. Shares of NQ Mobile are down 85% since Muddy put out its first hit piece. The stock’s at $3.80 a share, which is well below the...
  

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