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Activist investors often have less than 10% stakes in the companies they’re trying to institute changes in. 5% is not a meaningless amount to hold.
by oarsinsync 7y ago
Activist investors often have less than 10% stakes in the companies they’re trying to institute changes in. 5% is not a meaningless amount to hold.
- tomnipotent 7y agoI hadn't thought about the parallel to activist investors, that's a very good point. I've seen the hell raised by folks like Carl Icahn...
- morningseagulls 7y agoAgreed, but Epic Games, which is 40% owned by Tencent, is now claiming it won't do what Blizzard did: https://www.insider.com/epic-unlike-blizzard-wont-ban-players-talking-politics-hong-kong-2019-10 https://www.insider.com/epic-unlike-blizzard-wont-ban-player...