hedge fund activism
Carl Icahn will retire some day. Some time after that, probably, Bill Ackman and Dan Loeb and Paul Singer and Barry Rosenstein, too. But for now, they and people like them have more money with which to seek to oust directors, executives and lavish organic dinner throwers than ever before.
Little more than a year after losing its high-profile proxy battle with Japan’s largest electric utility, The Children’s Investment Fund Management is getting out of Asia entirely. The Japanese government pulled out all the stops to keep the activist hedge fund from getting its hands on a bigger chunk of Electric Power Development Co., better […]