How Activist Hedge Funds 'On Steroids' Have Become A Boardroom Enemy

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Bill Ackman was running late for the conference. The private jet carrying the billion-dollar New York activist investor to Canada was in a queue at the Toronto airport. No matter. The hundreds of Bay Street businesspeople and reporters who crowded into the main conference room at the Toronto Board of Trade in mid October were almost…

How activist hedge funds ‘on steroids’ have become a boardroom enemy

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