From Publicly Available Information, Find at Least Two Examples of Activist

Question

Examlex · Accepted Answer

The Answer is a. Bill Ackman of Pershing Square lost money when he shorted the stock in 2013 of Herbalife in a public spat with Carl Icahn who had a long position in the stock. Ackman argued that Herbalife's financial statements were subject to substantial accounting irregularities.
b. David Einhorn of Greenlight Capital won a court case in 2013 that prevented Apple from bundling his proposal to issue a new class of preferred stock paying a high dividend with four other proposals at the upcoming shareholders' meeting. The concern was that the other proposals were very different from the proposal to approve the stock issue. To require the shareholders to vote only on the proposals as a package and not individually could have biased the outcome since a number of the proposals were controversial.
c. Dan Loeb of Third Point disclosed former Yahoo CEO Scott Thompson's dubious college degree and managed to leverage this notoriety and his stake in the firm to get himself and two supporters on the Yahoo board in 2012. He was also influential in helping Marissa Mayer to become the firm's new CEO.

From Publicly Available Information, Find at Least Two Examples of Activist

Essay

Correct Answer:
Verified

From Publicly Available Information, Find at Least Two Examples of Activist

Essay

Correct Answer:VerifiedShow Answer

Correct Answer:
Verified