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5 Recent Activist Investor Campaigns

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In this article we present the list of 5 recent activist investor campaigns. Click to skip ahead and see the 15 Recent Activist Investor Campaigns.

5. Stadium Capital Management at Sleep Number Corporation (NASDAQ:SNBR)

Activist Campaign: September 2023

Sleep Number, a company that offers sleep solutions and services in the United States, is also the subject of activist campaigns over deteriorating performance. Stadium Capital, which owns a 9% stake in the company, is calling for board changes to address suspect governance and questionable transformation strategy.

The hedge fund sees the changes as one of the ways of unlocking future shareholder returns. It claims that current board members have been part of questionable deals and decisions over the years. It maintains that changes to the board composition are the only way to drive improvements in governance capital allocation and other operations.

Follow Sleep Number Corp (NASDAQ:SNBR)

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Click to continue reading…