Dan Zacchei, President, Special Situations, Sloane & Company, explains how aggressive and public bids for companies can quickly sour conversations between potential buyers and corporate boards. For instance, companies may be unhappy to see bidders go to the press without first discussing offers privately and attempting to seek common ground. Ultimately, however, both friendly and hostile tactics have their time and place.
CorpGov, The Palm Beach Hedge Fund Association and Nasdaq, Inc. hosted the first Palm Beach CorpGov Forum on Sept. 30 for an in-person event featuring investors, attorneys and other advisors who have consulted on board intelligence and the most prominent activism campaigns in recent years. A complete report with more videos can be found here.