1. One Change Made Life a Lot Easier for Activist Investors — and Opened the Floodgates

    One Change Made Life a Lot Easier for Activist Investors — and Opened the Floodgates

    Shareholder activism is an expensive venture. True, sending a tweet that you're buying Apple shares, like Carl Icahn does, costs very little. But if you wind up in a full-blown fight for shareholder support, that can cost a bundle. After Nelson Peltz lost this kind of fight with DuPont a few years ago, he said he spent $8 million on the campaign ...

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