The world's largest mutual fund firm is about to take on an unlikely title: activist shareholder.
Fidelity Investments is expected next week to vote against a buyout offer for U.S. broadcaster Clear Channel Communications Inc., highlighting the increasingly active approach mutual funds are taking to boost investment returns.
Lifting the Lid: Mutual funds becoming shareholder activists
Current Status: Blessed (1)
Seeded on Fri May 4, 2007 5:02 PM
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