Activist investing is no longer the preserve of hedge-fund sharks
economist.com/finance-and-economics/2024/02/29/activist-investing-is-no-longer-the-preserve-of-hedge-fund-sharksTrade unions rarely look to corporate raiders for inspiration. Yet the Strategic Organising Centre (SOC), a coalition of North American workers groups, is mounting the sort of campaign normally associated with hedge funds. The group’s target is Starbucks, a coffee-shop chain with a market capitalisation of $107bn. Whereas traditional activist investors take a chunk of a…
This story appeared on economist.com, 2024-02-29.