The Deal Cites Olshan’s Settlements in Story on Shareholder Activism Trends in 2015
The Deal (subscription required) highlighted noteworthy trends in shareholder activism, reviewing the 2015 proxy season and offering predictions for the upcoming 2016 season. The story noted dubbed this past proxy season as the year of the settlement, particularly for the larger targeted companies. By the end of July, there were 67 settlements, just below 2014's entire year total of 79 and already higher than all the agreements struck each year in 2011 to 2013, according to data from FactSet. The story cites Olshan’s Activist & Equity Investment Practice as having negotiated 26 settlements for board representation already in 2015, up from its total of 25 for all of 2014.