A show of strength

A show of strength

Activist investors get their moment with $21 billion Toshiba bid.

  • The surprise takeover bid of $21 Billion for #Toshiba Corp. is a palpable demonstration of the growing influence in corporate Japan of activist investors in recent years.
  • In what may be a real estate industry first, #bitcoin will now be accepted for retail and apartment rent at the Grove shopping centre and other properties owned by mall magnate Rick Caruso.
  • The S&P 500 and #Nasdaq slightly added to gains while the #Dow pared declines as the #Federal #Reserve released minutes from last month’s meeting that reinforced the position that it will be patient before raising rates.

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