Actionable Opportunities in Special Situations: Spinoffs, Bankruptcy, Restructurings

Activist Target

Atlantic Power Corp (ATP.TO) urged to restart sales process by activist

Activist investor Clinton Group on Thursday urged Atlantic Power Corp. (ATP.TO) to revive a sale process of the company that it abandoned recently. Clinton Group states “Our conclusion from our due diligence is that ultimately Goldman and Greenhill were likely successful in soliciting final bids that were acceptable to shareholders like us, but unacceptable to the board.” Source: Reuters

 

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