Finance Professor: Activist Investors Take Advantage of Labor Market
April 22, 2014
Contact: University Relations
Steve Isberg, associate professor in the University of Baltimore's Merrick School of Business, tells Buzzfeed that the recent merger deal between Jos. A. Bank and Men's Wearhouse shows how activist investors can take advantage of a weak labor market.
"They pushed it to a point where they needed a credit line. Where are you going to be able to squeeze that value?" Isberg says in the article, published on April 21.
Read the article.