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When do we start calling these so called “Activist Investors” what they really are? “Corporate Terrorists” –or “Fiscal Pirates” –or “Chaos Money Monkeys”
How can you write this article and not detail Ancora’s success or failures in companies they have attacked. Sure they got CEO’s and Board members ousted, but how are those companies performing. The truth is these guys have never and will never run a business. Their goal is to buy large chucks of a depressed stock and create chaos. Out of the chaos they get a stock to bump up, they sell their shares and move on to the next project. Very weak reporting by John Russell
Very interesting how you explained it all. Im new to how stock and all these things work and if that’s what Ancora is doing in a nuttshell, the should be illegal. The sad thing is that Elanco has obligated so much here in Indy with the GM stamping plant HQ that it’s possible it could be in jeopardy if Ancora has their way. I think the state and FED’s should step in on cases like this.