How Hedge Funds Change the M&A Market

Achim Herfs has authored an article regarding M&A and hedge funds.

"At the end of September 2018, Thyssenkrupp announced its intention to split into Materials and Industrial Solutions. This, the largest reorganisation in the 200-year history of the company, was however not driven by Thyssenkrupp itself but largely by activist shareholders, the Cevian and Elliot hedge fund, supported or tolerated by the Krupp foundation as a controlling shareholder."