Description: Microsoft executives faced an unusual challenge in April when a $12 billion hedge fund, ValueAct, announced that it had bought a nearly $2 billion stake in the company with the intention of shaking things up.
Source: NYTimes.com – video report
Date: August 30, 2013
Questions for Discussions:
- Summarize the strategic thinking of “activist” investors.
- Do you think that their involvement in management of firms is a good thing for the firms or for investors?