Activist Investors Turn Up Heat in Drive for Returns

CEOs beware: Surging stock prices have done little to placate activist investors. Activists are launching campaigns at a record pace as the rise in passive investing pressures fund managers to find new ways to beat the market and letting the rabble-rousing investors into boardrooms becomes less taboo. Activists spent $40 billion targeting 136 companies with…

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Blackwells Mails Definitive Proxy Materials to Supervalu Shareholders

NEW YORK–(BUSINESS WIRE)–Blackwells Capital LLC (together with its affiliates, “Blackwells Capital” or “Blackwells”), an alternative investment management firm with an approximate 7.73% ownership interest in Supervalu Inc. (NYSE: SVU) (“Supervalu” or the “Company”), today announced it has mailed definitive proxy materials and a letter to Supervalu shareholders to solicit votes for the election of six…

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