The first day a company receives an activist letter or phone call is usually a very scary one. Our leaders have counseled companies involved in very public and hostile activist situations, and also with those that were very private and cooperative. We’ve even counseled activist events involving whistle blowing situations and prolonged forensic accounting analyses.
Every activist situation is different, but the key is to uncover the true motivations of the investor and take the emotion out of the picture. Most situations can be handled fairly openly as the broader investor community will always have a longer-term investing horizon than the activist. But proper counsel is absolutely crucial, and at Alpha IR we have the experience to help you through any activist situation.