Election-style investor rebellions hit the web
Takeover battles have long been the classic way to challenge corporations, but they cost millions and can get messy. Minor stakeholders making behind-the-scenes approaches to management often can’t get a meeting. Now some rogue investors are refusing to be marginalized, finding opportunities to stir up trouble by launching hard-hitting, election-style campaigns backed up with a generous helping of publicity.
It’s not hard to do in the internet age. Since April, small shareholders in
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