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The Activist Investor: Six Companies That Were Targeted in 2017—and What We Can Learn from Them

Activist investors were really busy in 2017. General Electric, AIG, Arconic, CSX, Pandora, and Buffalo Wild Wings are among the companies whose CEOs resigned under pressure from activist investors. Activist investors single out underperforming companies, then force changes, which may include giving the activist a seat on the board, replacing company leaders, divesting a division, or simply cutting costs. These relentless shaker-uppers are going after bigger and bigger companies, and both sides are spending more money than ever in proxy battles. That's why all C-suite leaders need to heed the lessons of 2017...