Updated from 11:03 a.m. EST
Since most hedge funds get paid based on their returns for the year, managers who want to get the most out of a stock investment often turn to shareholder activism as a way to increase shareholder value and ultimately boost their funds' returns.
Here at Stockpickr.com we track many of the
for investors interested in piggybacking of these activist funds. We highlight a few of the latest activist situations here.
For example, on Feb. 12, MMI Investors issued a press release calling for
to pursue a tax-free spinoff of Roto-Rooter, one of its two business segments. MMI estimates that a tax-free spinoff could potentially yield an increase of 40% to 75% per share to the valuation of Chemed as a publicly traded company.
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