The TAI website now has several useful guides that comprise a kind of toolkit with novel ideas for your activist investing projects:
These tools allow a smart investor to go beyond a simple proxy fight, in which management usually has the advantage, and which can get very costly, very fast. In our experience, investors that use them can pursue an activist project much more effectively, at a much lower cost.
As with other types of tools, investors can combine them creatively:
- How about an exempt written consent solicitation?
- Or a special shareholder meeting to approve a proxy access bylaw, in advance of the next annual shareholder meeting?
The possibilities are endless...
Let us know what you think of these, and how we can help you to understand and use these in your portfolio companies.
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