Wolosky Quoted in CNBC on Shareholder Activism Trends and Targets
Activist Practice Chair Steve Wolosky was quoted recently in two CNBC articles discussing the new trends and new targets in the shareholder activism space. When asked about the trend of activists seeking quick payouts in the form of dividends or buybacks Wolosky responded, “I think that's not a trend that's going to continue forever.” Additionally, Wolosky offered a new target for shareholder activists, “Banks are going to be where you'll see activism rise.”
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