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Activists lay down their arms as targets cope with Covid-19

Many investors have walked away from their shareholder campaigns or settled them early

Being a shareholder activist investor isn’t such a good look right now.

Executives are struggling to keep their companies afloat and their workers employed as the coronavirus spreads, and activists’ demands in many cases seem less pertinent than they did just a few weeks ago. That’s led many of the investors to walk away from campaigns or settle them early.

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