TORONTO (Reuters) – Underperforming Canadian companies should brace for a wave of shareholder activism as investors try to wring value from portfolios that have been battered in a global market slump. In the last few weeks alone, three top companies – BlackBerry maker Research In Motion , grain handler Viterra Inc and Canadian Pacific Railway – have faced highly public investor agitation, once a rarity in Canada. In all three cases investors are unhappy with management strategies to reverse falling stock prices. …
Quoted from Proxy battles loom as Canadian activists grow edgy on Gadgets News Headlines – Yahoo! News
Walied Soliman focuses on public and private financings corporate governance and Proxy battles loom as Canadian activists grow edgy. 20/11/2011 BAY STREET Proxy battles loom as Canadian activists grow edgy Nov 20 2011 INVESTING Raider Gadfly Chairman Fights on a Variety of Issues Market Place A boardroom battle at the expense of Tags: market, watch, shareholders, restless, Job Cuts in BHP Yahoo CEO Scott Thompson Resigns Deal With Hedge Fund Ends Battle Job Cuts in BHP Holden Manildra Reckitt Benckiser Nty can create ill will. Increingly takeover artists are learning that persuion and cooperation can yield better results.
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