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Activists, Shmactivists

Barron's Streetwise

00:00

Raiders vs Activists

Zohar Goshan: Activists are no better than Raiders. If anything, they are likely worse. The average cost for an activist campaign ending an proxy fight is $11 million. That's not a figure that scales with the size of the company. And so if you're spending so little on one of these campaigns, I don't know. Wouldn't you kind of go after them more?

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