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Proxy Solicitors for Hedge Funds — And Their Corporate Targets — Get PPP Loans
Activism is down, so top advisors are asking for handouts.
Four of this year’s top proxy solicitors have taken millions of dollars from the government’s loan program for small businesses, known as the Paycheck Protection Program.To be sure, activism was tempered during the first half of the year’s market turmoil. Between January and the end of June, 522 companies worldwide
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