BLOOMBERG BNA WEBINAR EVENT: Shareholder Activism: A Changing Landscape
Thursday, June 27, 2013
1:00 PM - 2:30 PM ET
Shareholder activism has increased significantly in the recent past. It has become an effective, even mainstream, way to influence corporate policy. The goals of activist investors have become more nuanced, often seeking incremental change and long-term involvement with target companies rather than just short-term gains.
Activists have shown that they are willing to use more potent measures when they believe that management is not cooperating with their requests. The success of activists has encouraged them to engage larger market cap companies in actions such as proxy battles, publicity campaigns, shareholder resolutions, litigation, and negotiations with management. In short, no public company today, no matter what its market capitalization, is immune from activist pressure, especially as the support for activists, even by traditional institutions, has lost any stigma that it once may have had.
Against this new and evolving landscape, corporate counsel and management and directors need to be aware that any company can be a potential target for activism. The faculty for this program will set forth some recent developments that interested parties should be aware of, along with an overview of common activist tactics and responses.
- Gain an understanding of activist tactics.
- Learn how to respond if the company becomes subject to activism.
- Understand the ways in which companies have successfully fended off activists.
- Find out how to advise your corporate clients how to maintain control of, and the value of, their companies.
Who would benefit most from attending the program?
Corporate practitioners, general counsels and senior executives of public companies.
Program Level: Intermediate.
Credit Available: This program’s CLE-credit eligibility varies by state.