I think companies are starting to conduct a type of self-examination when they receive a phone call or letter from an activist, where companies are doing their homework, they will say, 'maybe these folks might have a point'.

Francis Byrd

Categorized in : Business

What would happen in the past, the board would say, 'thanks-but-no-thank you,' activists are demonstrating that they're being reasonable. They're not looking to change everything out.