Activist zealots, not much to report today. Our meager offering of activist new and stories is below. Taking tip at @activiststocks or email, and sign up for our daily newsletter.
News:
- Steel Partners has sold off enough Nathan’s Famous shares to get its stake to just below 5%, now at 4.98%.
- Carl Icahn ups his Federal Mogul stake by 14% to 138.5M shares, now owning right at 82%.
- Stewart Information Services settled with Bulldog Investors (Engine Capital and Foundational Asset Mgmt are also active here), where it agreed to nominate an independent director and “consider” restructuring its dual class structure. This could go either way for Bulldog, as the issue at Stewart is “Class B shareholders own 5% of...
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