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Blue-chip companies brace for new assaults by activist investors

Data: Lazard; Chart: Axios Visuals. Data is global for companies with a market cap of $500m or above. May include campaigns without a publicly confirmed thesis.

Companies large and small are on alert for a record wave of attacks this year from activist investors.

By the numbers: 2022 saw a record number of new activist investors, and a record share of activists' activity targeted large companies — including Alphabet, Meta and Salesforce.

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