Sunday, March 14, 2010

Three Recent Biotechnology Activist Wins by Carl Icahn

Three Recent Biotechnology Activist Wins by Carl Icahn

August 30, 2009 by mdbeckerpartners · Leave a Comment 

Although a controversial topic, activist hedge funds and private equity firms typically use a small equity stake in an underperforming company to put public pressure on its management and board of directors with the goal of increasing stakeholder value through cost cutting, changes in corporate strategy or management, capital restructuring, asset divestiture and other tactics.  [...]