My company became activist with SPMD in the summer of 2012 when we filed a Form 13D wherein we recommended that its board consider a merger with its largest competitor (DEXO.) I was very pleased to see that within short time after our 13D filing the board agreed and ultimately signed a merger agreement.
Also late yesterday, Prudential Financial ( PRU) said in a regulatory filing that its board had increased the salaries of several of its top executives, while at the same time reducing the annual bonus opportunity to reflect the salary increase.