COVID-19: Aktivistfonde vil opsamle billige aktier for at samle ekstra ammunition

    COVID-19: Aktivistfonde vil opsamle billige aktier for at samle ekstra ammunition til mere kraftfulde aktivistangreb i 2021:I en gennemgang af aktivistfondenes nye muligheder for at opsamle billig ammunition (altså flere aktier) hedder det:

    ”As a result of the COVID-19 pandemic, a number of public companies have seen their market capitalization and value of their common stock decline precipitously. Fortunately for many companies who are not currently facing an activist attack, director nomination and business matter proposal deadlines for annual meetings have passed for the current proxy season.

    For those companies, in order for activists to take advantage of depressed stock prices through a proxy fight, the activist will need to focus on the 2021 annual meeting or consider carefully whether running a “withhold the vote” campaign, calling a special meeting of shareholders or taking action by written consent would be well received in the current environment. However, a number of activist investors continue to over-reach in their private (and public) demands of companies and are seizing the opportunity from reduced valuations to increase their positions in existing targets and build new positions. “