Sentences with phrase «moves shareholder activists»

Not exact matches

Duperreault arguably owes his new job to pressure put on AIG by activist investor Carl Icahn, who has been agitating for new management to join the company and move to split it up and sell the parts to unlock value for shareholders.

Ken Squire argues in a feature article in this week's Barron's magazine, A Golden Age for Activist Investing (subscription required), that the «political climate, shareholder sentiment and opportunities available to activists» means that «the sun, the moon and the stars have moved into alignment for activist investingActivist Investing (subscription required), that the «political climate, shareholder sentiment and opportunities available to activists» means that «the sun, the moon and the stars have moved into alignment for activist investingactivist investing.»

If you had already invested in the company before Icahn's move, you will have enjoyed the famous Icahn lift — a term coined to describe how Icahn's reputation to unlock shareholder value often provokes an additional rise in a company's share price once the activist investor steps on the scene.

In January, Shell made the unusual move of backing a climate proposal from a group of activist shareholders.