(TheStreet.com) Activists typically pressure corporations with a lot of cash to launch a buyback or issue a special dividend…Activist investor Glenn Welling of Engaged Capital succeeded last year in getting two directors installed onto the board of Benchmark Electronics Inc. Afterwards, the company installed a new CEO. Its share price has mostly been on an upward trajectory since, trading recently around $30 a share…..But now there is a new reason to be excited from an activist’s perspective.
Activist Investors May Use New Tax Law to Push for Big Stock Buybacks
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