Melissa Sawyer Authors Article on Vulnerability of Consumer and Retail Companies to Shareholder ActivismJuly 15, 2014
On July 15, The Deal Pipeline published the article, “Are consumer and retail companies more vulnerable to activism?” by Ms. Sawyer. The article discusses how consumer and retail companies have been common targets of shareholder activism in 2014. Ms. Sawyer notes that consumer and retail companies may share characteristics that make them more vulnerable than non-consumer and retail companies to shareholder activism. Ms. Sawyer reviews certain relevant legal and structural characteristics, as well as the economic and performance-related characteristics, of consumer and retail companies, and she outlines steps companies can take to prepare themselves for unsolicited proposals.