July 25, 2016

How Many Companies Are Being Targeted By Hedge Fund Activists?

Here’s an excerpt from this PwC memo on hedge fund activism:

Neither size nor status is a defense. Nearly 1,300 unique companies were activated against from 2010 to 2015. In 2015 alone, 343 public US companies were targets; 113 have been targeted as of May 2016. But that’s not the full picture—most estimate that the numbers double when you add approaches that aren’t public.