One new factor leading to more REIT purchases is
the rise of activist investors such as Jonathan Litt, co-founder of Land & Buildings Investment Management.
This fostered
the rise of activist investors.
Not exact matches
One
of Adamczyk's first big tests will be his handling
of activist investor Dan Loeb's proposal that Honeywell spin off its aerospace unit, where margins have
risen, but sales growth has lagged.
In after - hours trading on Tuesday, Panera's shares
rose about 4 %, while Buffalo's grew 5.3 %, as that stock continues to benefit from a jolt in the wake
of interest from an
activist investor.
So increasing focus on shareholder - friendly corporate governance, the
rising clout
of activist investors and the robust market for corporate control are all manifestations
of the fact that shareholders want big companies to give them back their cash, and that companies are increasingly willing to do so.
The nonprofit arm
of America
Rising, known as America
Rising Squared, oversees some
of the group's most controversial work on climate change: deploying «trackers» to videotape
activists like Bill McKibben, founder
of 350.org, and Tom Steyer, the billionaire
investor and Democratic donor.
Observing that stock prices
rose dramatically when owner - managers
of «Wall Street's orphaned stars» decided to sell, and outside
investors were «typically a diffuse bunch in no position to put heat on the controlling insiders,»
activist investors saw the obvious value proposition and path to a catalyst and entered the fray.