On this week's Wall Street Week, Casablanca Capital founder and co-CIO Donald Drapkin sat down to discuss many things financial. At one point, Drapkin was asked about activist investing, why it makes sense right now and how investors benefit from it.
The investor assured that the theory about investors not benefiting from activist investing is “a lot of nonsense (…) It’s a little bit like the late '70s and early '80s when the takeover boom soared in the United States,” he explained.
What Activism Is
“Activism is only one step removed from the takeover boom, which is that everybody…instead of bidding for the whole company, you go in.
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