Radioactivists Investors losing when agitators step in

This summer, Wall Street’s activist top guns are shooting blanks, with high-profile and often ugly flops in recent weeks – prompting observers to question whether the strategy is losing some of its cachet. From Bill Ackman’s embarrassing loss of his JCPenney board seat to Dan Loeb’s sayonara from Sony, it appeared that saber-rattling has been on a losing streak when it comes to …

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