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Activist Stocks: Alliance Trust, Panera Bread, Rovi, Altisource

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Activist investing swains, good stories today, see the news and stocks below for April 17 below. Tips solicited via the Twitter @activiststocks, sign up for the free daily activist email, and ICYMI the latest newsletter is here.

News:

  • No surprise, but the ISS is supporting Elliott in its battle with Alliance Trust — recommending shareholders vote to put Elliott’s three nominees on the board.
  • The Biglari Holdings vote was released. Recall that Groveland Capital ultimately lost in its quest, but the rumblings and rumors were that the vote was fairly close — too close for a fund owning less than 0.2% of the company to come to ousting the CEO and board. It really wasn’t that close. Sardar...

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