WEX Inc. (WEX) Outperforms Market Following Activist Investor Settlement – Where is the Intro?

We just published our list, Averting Proxy Wars: 10 Companies Opting for Activist Investor Settlements, and WEX Inc. ranked 7th on this list.

Companies are increasingly reaching settlement agreements with activist investors rather than engaging in costly and prolonged proxy battles. The trend has gained momentum since the introduction of universal proxy card rules in September 2022.

Activist demands are no longer limited to replacing executives or forcing outright company sales. Many...