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What's happening: Twitter's board of directors convened Sunday to discuss Musk's offer. The world's richest man has lined up $46.5 billion in financing to take the social media company private after amassing a significant stake.

The meeting on Sunday indicated the board is willing to negotiate, despite previously taking steps to try to prevent Musk from buying the company.

Many investors don't get the attention Musk generates, and typically don't go to the extremes of launching a takeover. But a growing number are using significant shareholdings to push companies to overhaul their strategies.

See here: New research from Lazard shows 73 new shareholder campaigns were launched globally during the first three months of 2022, making it the busiest quarter on record. Activists won 38 board seats.

Step back: Shareholder activism has been around for years. But it took a pause when the pandemic hit in 2020, and corporations were urged to hunker down and prioritize continuity. Now, it's booming again.

One factor is the extent to which companies are being urged to address environmental and social issues, which creates new opportunities for activism.

Lazard noted that the Securities and Exchange Commission's proposal to compel public companies to disclose more climate-related...

Read Full Story: https://www.cnn.com/2022/04/25/investing/premarket-stocks-trading/index.html