| 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 NameTicker M.Cap ($, mm)Filer nameTitleLink
1 29 Sep 2017 LAZARD GLOBAL TOTAL RETURN & INCOME FUND INC LGI 161 BULLDOG INVESTORS, LLC Bulldog Investors reduced its stake in Lazard Global Total Return and Income Fund Link
2 29 Sep 2017 OHA INVESTMENT CORP OHAI 25 ETUDE CAPITAL, LLC. Etude Capital seeks discussions with OHA Investment Corporation Link
3 29 Sep 2017 PROCTER & GAMBLE CO PG 235 TRIAN FUND MANAGEMENT, L.P. Trian launched proxy fight against Procter & Gamble: ISS, G&L, Egan-Jones and Yackman Asset Management support Trian Link
4 29 Sep 2017 MADISON STRATEGIC SECTOR PREMIUM FUND MSP 70 KARPUS MANAGEMENT, INC. The proposed merger of Madison Covered Call & Equity Strategy Fund with Madison Strategic Sector Premium Fund was not approved by the shareholders Link
5 29 Sep 2017 MADISON COVERED CALL & EQUITY STRATEGY FUND MCN 151 KARPUS MANAGEMENT, INC. The proposed merger of Madison Covered Call & Equity Strategy Fund with Madison Strategic Sector Premium Fund was not approved by the shareholders Link
6 29 Sep 2017 AUTOMATIC DATA PROCESSING INC ADP 50,000 PERSHING 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 presentation Link
7 29 Sep 2017 MVC CAPITAL INC MVC 218 METAGE CAPITAL LTD Metage Capital sought shareholders to vote for its proposal in MVC Capital Link
8 28 Sep 2017 PANDORA MEDIA INC P 1,866 CORVEX MANAGEMENT LP Corvex Management reduced its stake in Pandora Media Link
9 28 Sep 2017 LAYNE CHRISTENSEN CO LAYN 245 GAMCO INVESTORS, INC. ET AL Gamco reduced its active stake in Layne Christensen Company Link
10 28 Sep 2017 KAMAN CORP KAMN 1,526 GAMCO INVESTORS, INC. ET AL Gamco stated its plans to submit shareholder proposal in Kaman Corp. Link