Activist Insight, a provider of news and data on shareholder activism around the world, has acquired New York-based data-provider Activist Shorts Research.
Activist Shorts Research, founded in 2014 by Adam Kommel (pictured) and Wayne Gerard, profiles over 100 activist short-sellers who publish research illustrating why they activist believe stocks are overvalued. These investors have become increasingly prominent in recent years after targeting the likes of Herbalife and Valeant Pharmaceuticals International.
The combination will broaden Activist Insight’s coverage of this area, while giving Activist Shorts customers access to live news coverage and opportunities to enjoy Activist Insight’s current suite of products, which include the highly regarded Activist Insight Online database and the only publication dedicated to shareholder activism, Activist Insight Monthly.
“Activist Insight’s users subscribe to our services to gain an understanding of how their investments or clients might be affected by investors who have the ability to move markets,” says Kerry Pogue, co-founder of Activist Insight. “Adding to our coverage of activist short-selling is a way of enhancing that understanding, and we are pleased to have worked with Activist Shorts Research to advance coverage of this area.”
Kommel says: “I am very proud of the product we have developed at Activist Shorts over the past two years but the time is now right to move onto new opportunities. I believe Activist Shorts is in good hands and wish Activist Insight success.”
