In the latest edition of Reuters’ Practical Law, Senior M&A Partner Frank Aquila discusses tools for boards and management teams to consider when navigating the ever-changing landscape of shareholder activism. He offers best practices for engaging with retail shareholders to amplify companies’ activism preparedness in light of recent retail voting developments, as well as preparation and positioning guidance for withstanding activist pressure. “[S]hareholder engagement is a relationship, not a checklist,” he notes.
“Retail shareholders are no longer passive participants. They are active stewards whose voices can shape outcomes and reputations alike,” Frank writes. “In an era when every vote counts and every voice carries, understanding and empowering all shareholders can be the difference when faced with a formidable activist.”
Read: “Activism Preparedness: The Role of Retail Shareholders”