Agenda, a Financial Times publication, featured insights from Benesch Partner Matthew Fox in the article, “Activists Are Seizing On Macro Uncertainty To Scoop Up Board Seats.”
Matthew commented on the market dynamics driving activist campaigns, noting: “The more liquid the markets are, the more pressure companies will face to sell or undergo a change of control because they become more feasible. Companies need to think about that more than they would when the credit markets are dried up and no one's doing big deals.”
The article explores how activist investors are increasingly targeting smaller-cap companies amid economic uncertainty, pressuring boards to adapt governance strategies and prepare for heightened shareholder engagement.
Read the full article here.