Originally Posted by
bocastephen
Shareholders, activist or not, cannot determine company strategy...this is a root problem that is affecting so many companies who make the terrible mistake of allowing Wall Street to run their businesses.
The correct approach here? Tell so-called 'activist shareholders' who are screaming for a merger to go bleep-themselves - if they don't like what Starwood is doing, then sell the damn shares and go away.
To be fair, it sounds like the interim CEO and the activists are on the same page. He said he wants to a deal, so it's only a matter of time!