Activist Investment

On April 3, Walt Disney Company (NYSE:DIS) shareholders will vote for their board selections in the culmination of one of the most bitter, expensive shareholder fights in history. Slugging it out against the media giant are two activist hedge funds who are making separate bids to have their...

Corvex Management is an activist investment firm and also Pandora Media Inc (NYSE: P)'s largest shareholder, holding a 9.9 percent stake in the issue. On Monday, Corvex's Managing Partner Keith Meister delivered a letter to Pandora's Chairman of the Board James "Jim" Feuille. The investment manager...