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Marketplace Whiteboard®

The activists are coming!

by Paddy Hirsch

Apr 21, 2015

Spring is shareholder meeting season — and primetime for activist investors.

A photo from February 2006, where activist investor Carl Icahn, right, was pictured with former Viacom and Universal Studios CEO Frank Biondi, left. At the time, Icahn sought to overthrow Time Warner's board, break up the media conglomerate into four companies, and have Biondi take over as Time Warner chief executive.

Michael Nagle/Getty Images