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"He [Marks] is not really willing to have an open conversation about why French Connection is underperforming," said Meidar, who added that a wider shareholder base was unifying around its ideas.
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There appears little chance of a wider shareholder rebellion taking root, however.
Such a "supermajority" requirement is necessary because of the inevitably wide range of views that characterize any shareholder base.
So, we do not have a controlling shareholder, we are truly diversified in our shareholder base.
How's that for a shareholder base?
One simple explanation lies in the shareholder base.
First, the two companies have a large overlapping shareholder base.
Most Fortune 100 companies have a widely distributed shareholder base.
We have the entire shareholder base to consider".
Cedar Fair is based in Sandusky, Ohio, and has a large local shareholder base.
Hence, hedge funds primarily seek targets whose shareholder base features a significant proportion of institutional investors.
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CEO of Professional Science Editing for Scientists @ prosciediting.com