S&C Partners Marc Treviño and Melissa Sawyer Offer Insights on Dealing with Activist Directors with M&A AgendasFebruary 18, 2020
S&C partners Marc Treviño and Melissa Sawyer, co-heads of the Firm’s corporate governance practice, explain how boards can deal with activist directors pursuing an M&A agenda in a recent article they authored for Corporate Secretary. Marc and Melissa note that while having an activist on a board can put management under pressure under normal circumstances, “[a]dding an agenda to sell the company or divest significant businesses will raise tensions even further.” Such situations, the authors write, “require focus, planning and careful deliberations.”
The authors point to the record number of activists seeking M&A activity at target companies and offer guidance to boards facing these situations. You can read the article here.