How a SEC rule change has opened more doors for activists
Shaun Mathew was quoted in The Financial Times regarding the SEC’s universal proxy changes.
Shaun Mathew, a partner at law firm Kirkland & Ellis, says the fundamentals of activism did not change because of the SEC’s universal proxy changes. Rather, they “may have made it somewhat easier for activists to win at least one board seat.”
Mathew discusses universal proxy in Kirkland's recent 2023 M&A update on shareholder activism, which was also mentioned in The New York Times: DealBook, CNBC, Semafor and DealLawyers.com, as well as on air on Bloomberg TV's "Bloomberg Markets: The Close."
