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Wall Street Journal (May 17)

2017/ 05/ 19 by jd in Global News

“Activist investors, a perennial nuisance for chief executives, are becoming an existential threat. Since January, they have helped push out the leaders of three high-profile S&P 500 companies” (AIG, CSX Corp. and Arconic Inc.). Moreover, “they are gunning for the CEOs at other companies,” such as Buffalo Wild Wings Inc. and Avon Products Inc. “So far in 2017, activists have started nine campaigns targeting top management, the fastest pace on record.”