[1] While not all activist investors supported Trump, at this year’s Active-Passive Investor Summit, the premier shareholder activist conference in New York City organized by research and advisory service 13D Monitor, many activist investors were excited about the prospect of another presidency of Donald Trump. [2] This article examines the impact of another Trump presidency on shareholder activism in the United States and the beyond. [14]This in turn benefits shareholder activists who need a liquid market for M&A for their business model. [20] However, interestingly, the SEC’s track record under the first Trump administration was more pro-company than pro-activist. [28] And Republican Commissioner Hester Peirce, a possible chair candidate in a Trump administration, appears poised to further restrict shareholder proposals.
Source: New York Times November 08, 2024 14:35 UTC