Article: Tight Credit Keeps Activist Investors Sidelined

NEW YORK (Reuters) - Financial markets may have bounced back somewhat, but aspiring corporate raiders sidelined by tight credit will have to cool their heels a while longer.

Last year's market swoon put stocks on sale and made many shareholders receptive to corporate overhauls - seemingly fertile ground for the activist funds and other investors who like to buy imperfect companies and then publicly pressure executives to make moves to boost share prices. Yet funds cannot count on markets to provide the money needed for strategies such as piling on debt for buybacks or selling off business. Until lending and debt markets rebound further, Big Gun activism must yield to quieter, more subtle ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!