An Activist Investor Lands in Your Boardroom — Now What?

Harvard Business Review

Founded in 1928, Motorola diversified over the decades from car radios into a host of communication technologies, ranging from equipment aboard Apollo 11 to the best-selling RAZR mobile phones. Founder and primary owner of Icahn Enterprises, Icahn had been tagged a corporate raider for his hostile takeover of TWA in 1985. Activist investors, though neither barbarians at the gates nor corporate raiders, can still seem very unwelcome.