Activists Win Ground In Major Boardrooms.

Authors :: ACKERMAN, ANDREW
LUBLIN, JOANN S.
Source :: Wall Street Journal - Eastern Edition. 3/17/2015, Vol. 265 Issue 62, pB1-B2. 2p.
Publication Year :: 2015
Abstract: The article discusses gains by activist shareholders at several companies. Restaurant operator Yum Brands Inc., Prudential Financial Inc., and real estate investment company Boston Properties will all permit shareholders with at least a 3% ownership stake to nominate board directors. A decision by the U.S. Securities and Exchange Commission to stop giving firms permission to block so-called proxy access measures has helped drive the trend.