| Shareholder Activism

September 2017: Significant activist filings

  • Zero in M. Cap indicates that the company is no longer traded.
  • M. Cap is as on filing date.
wdt_IDDateCompany NameTickerM.Cap ($, mm)Filer nameTitleLink
129 Sep 2017LAZARD GLOBAL TOTAL RETURN & INCOME FUND INCLGI161BULLDOG INVESTORS, LLCBulldog Investors reduced its stake in Lazard Global Total Return and Income FundLink
229 Sep 2017OHA INVESTMENT CORPOHAI25ETUDE CAPITAL, LLC.Etude Capital seeks discussions with OHA Investment CorporationLink
329 Sep 2017PROCTER & GAMBLE COPG235TRIAN FUND MANAGEMENT, L.P.Trian launched proxy fight against Procter & Gamble: ISS, G&L, Egan-Jones and Yackman Asset Management support TrianLink
429 Sep 2017MADISON STRATEGIC SECTOR PREMIUM FUNDMSP70KARPUS MANAGEMENT, INC.The proposed merger of Madison Covered Call & Equity Strategy Fund with Madison Strategic Sector Premium Fund was not approved by the shareholdersLink
529 Sep 2017MADISON COVERED CALL & EQUITY STRATEGY FUNDMCN151KARPUS MANAGEMENT, INC.The proposed merger of Madison Covered Call & Equity Strategy Fund with Madison Strategic Sector Premium Fund was not approved by the shareholdersLink
629 Sep 2017AUTOMATIC DATA PROCESSING INCADP50,000PERSHING SQUARE CAPITAL MANAGEMENT, L.P.Pershing Square Capital Management launched proxy fight at Automatic Data Processing: Pershing Square releases detailed response to ADP’s September 12, 2017 presentationLink
729 Sep 2017MVC CAPITAL INCMVC218METAGE CAPITAL LTDMetage Capital sought shareholders to vote for its proposal in MVC CapitalLink
828 Sep 2017PANDORA MEDIA INCP1,866CORVEX MANAGEMENT LPCorvex Management reduced its stake in Pandora MediaLink
928 Sep 2017LAYNE CHRISTENSEN COLAYN245GAMCO INVESTORS, INC. ET ALGamco reduced its active stake in Layne Christensen CompanyLink
1028 Sep 2017KAMAN CORPKAMN1,526GAMCO INVESTORS, INC. ET ALGamco stated its plans to submit shareholder proposal in Kaman Corp.Link