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Innisfree M&A Incorporated Receives Top Proxy Solicitor Rankings in Activism in First Half Of 2020Innisfree has been named the top Global Proxy Solicitor for companies by the Bloomberg (News - Alert) Global Activism Review and the top issuer proxy solicitor by Activist Insight and Refinitiv Shareholder Activism Survey for the first half of 2020. So far this year, Innisfree's activism engagements included: HP in its defense against the unsolicited offer by Xerox; Tegna in its proxy contest defense against Standard General; successful proxy contests at Mack-Cali and USA Technologies (News - Alert); Pattern Energy in its completed merger with the Canada Pension Plan Investment Board despite opposition from Water Island Capital; and several closed-end funds in the Legg Mason complex that were targeted by activist investors Saba (News - Alert) and Bulldog. Arthur B. Crozier, Innisfree's Chairman, noted, "In spite of the serious challenges presented by the global pandemic over the last six months, Innisfree has remaned focused and strong, and has effectively represented its clients through the most critical activist situations. I am extremely proud of our team and look forward to our continued success through 2020 and beyond." About Innisfree Founded in 1997, Innisfree M&A Incorporated (New York), along with its wholly-owned subsidiary Lake Isle M&A Incorporated (London), is a high-stakes shareholder engagement firm, delivering shareholder intelligence, strategic advice and proxy solicitation services to the world's leading corporations and investors when it matters most. Its integrated approach and unsurpassed analytics-ActiveIQ™-set Innisfree apart as the firm of choice. Innisfree provides expert advice on a wide range of matters, including shareholder activism, executive compensation proposals, corporate governance issues and investor relations. With an experienced professional staff in New York, London, and Pittsburgh, Innisfree has represented hundreds of companies in over 20 countries. www.innisfreema.com View source version on businesswire.com: https://www.businesswire.com/news/home/20200908005021/en/ |
