Wendy's to close hundreds of U.S. stores as low-income consumers cut back
www.cbsnews.com
6
Can’t cut prices. What will the poor shareholders do?!
Most of the shares are held by people’s retirement funds.
The largest shareholder at 16% is Trian Fund Management, an activist investor. Then BlackRock at 13%. That’s significant
I’m aware. That doesn’t change the fact that an activist investor has the most voting power
what's your point about activist investors?