Activist haters,
Remember to hate the players (like Bill Ackman and Carl Icahn) and not the game (like unlocking shareholder value). Below is the relevant activist news and stories of the day. Be warned, nothing all that exciting so far today, so there’s a lot of rambling…tip us off on Twitter, @activiststocks, or email us feedback or questions.
News:
- H Partners revealed that it sent letter to Tempur Sealy, demanding access to the company’s records. It wants the names of shareholders in an effort to gain support for its proxy battle.
- Jana Partners has sold 20% of its fund to the private equity arm of Neuberger Berman Group, Dyal Capital. A nod for activist investing. The stake will be passive; they...
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