Mantle Ridge secures enough votes for board seats at Air Products, sources say
1. Activist investor Mantle Ridge gains support for board seats at Air Products. 2. Increased board influence may impact strategic decisions and shareholder value.
FAQ
Why Bullish?
Board changes can lead to improved strategy and value; past activist successes confirm this.
How important is it?
Investor activism often spurs positive change, impacting APD's strategic direction significantly.
Why Long Term?
Changes initiated by the new board could affect APD’s performance over time.