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Activist Investors Are Finding It Easier Than Ever to Get Board Seats

  • Yum!, Sysco, ConAgra among firms capitulating to shareholders
  • `These guys don't bite if you listen to them,' says investor
Bloomberg business news

Why U.S. Companies Capitulate to Outside Investors

Updated on

U.S. companies are capitulating faster than ever to outspoken investors.

Sysco Corp. took all of six days to give board seats to activist shareholder Nelson Peltz and his Trian Fund Management partner Josh Frank after they went public with their campaign. Carl Icahn landed two directorships at Cheniere Energy Inc. just 18 days after requesting them, and two more at Freeport-McMoRan Inc. after 41 days.