Research, such as the work of Huang, found that companies which had activists in their shareholder base tended to receive higher takeover premiums when they are sold.

Name: Research, such as the work of Huang, found that companies which had activists in their shareholder base tended to receive higher takeover premiums when they are sold.
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This statement is true, as supported by research conducted by Huang.

Research, Such as the Work of Huang, Found That Companies