A leading consultant to activist hedge fund campaigns says the UK could see additional activism, notes US targets are increasingly harder to find.
US running out of easy targets
Speaking in a question and answer format in Bloomberg Brief’s Mergers publication, David Rosewater, a partner at Schulte Roth & Zabel who consults with activist investors, noted US activists are running out of easy targets. “It’s gotten a lot more crowded, and people are running a lot of similar screens,” he said, referring to the same view of available deals seen...


