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In Canada’s boardrooms, activist investors are striking out Add to ...

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Activist investors are on a two-year cold streak, losing all of the 14 proxy fights brought by dissident shareholders in Canadian companies since January, 2015, after historically winning the majority of these boardroom showdowns.

Governance experts say the change in the landscape reflects growing sophistication on the part of management teams and corporate boards, rather than any loss of clout for institutional investors.

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