1. April Klein, associate professor, Stern School of Business, New York University; Emanuel Zur, doctoral student, Stern School of Business, NYU, “Hedge Fund Activism,” September 2006, p. 2.
2. Alon Brav, associate professor of finance, Duke University;Wei Jiang, associate professor of business, Columbia University; Frank Partnoy, law professor at University of San Diego; and Randall Thomas, professor of Law and Business at Vanderbilt University, “Hedge Fund Activism, Corporate Governance and Firm Performance,” September 22, 2006, p. 2.
3. Mark Hulbert, “A Good World for Hedge Fund Activism,” New York Times, February 18, 2007.
4. See note 2.
1. S. Randy Lampert, Andrew Shiftan, Sasha Soroudi, Amar Kuray, “Management in an Era of Shareholder Activism,” Morgan Joseph & Co., July 2006, p. 5.
3. Reinhardt Krause, “MCI Bidding War Calls To Question AT&T Acquisition; SBC Purchase Price Too Low?; Some Analysts Argue AT&T Selling Itself Cheap, in Light of the Verizon, Qwest Saga,” April 11, 2005.
4. Lampert et al. p. 6.
5. Anastasia Ustinova, “Prison Firm Going Private: Sale Draws Objections from Some Investors.” Houston Chronicle, October 10, 2006.
6. Press release, “Committee on Capital Markets Regulation Recommends Enhancing Shareholder Rights and Curbing Excessive Regulation and Litigation,” November 30, 2006.
7. Glenn Hubbard, dean of the Columbia School of Business, and John Thornton, Chairman of the Brookings Institution. The Committee on Capital ...