Decade of the Deal: Rob Kindler on shareholder activism

2009-09-16 50

In this installment of Decade of The Deal, Rob Kindler, head of global M&A for Morgan Stanley-- who advised CNET Network Inc., which, under pressure from investor Jana Partners LLC, was sold to CBS Corp. for $1.8 billion in May 2008-- says that acquisition has turned out well, proof that activist shareholders can force transactions that are good for the long-term health of buyer and seller.