Wolosky Quoted in CNBC on the Impact of England’s Recent Stimulus Policies
Activist Practice Chair Steve Wolosky was quoted recently in a CNBC article discussing the low-interest rate policies’ effect on shareholder activists in Europe. Wolosky stated that, “Rate cuts and other stimulus measures will allow hard-hit companies to boost buybacks and take other measures to regain their footing and buoy their share price…We would expect this type of activity to attract investors of all types, including activist investors."
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