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Mutual funds start to put their mouth where their money is


But in the case of Bristol-Myers, Starboard spoke out publicly against the deal one day after Wellington unveiled its stance publicly.

But in the case of Bristol-Myers, Starboard spoke out publicly against the deal one day after Wellington unveiled its stance publicly.

NEW ORLEANS: Corporate America's biggest shareholders have traditionally been content with sharing their views on a company's strategy privately with management.

But now some mutual funds are beginning to rethink their stance, amid pressure from investors for them to justify the fees they charge and a push to boost the performance of their holdings.

Corporate News , M&A

   

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