Elliott Comments on Riverbed's Release, "We Have Made A $21/Share Bid For Company"

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Elliott Management Corporation (“Elliott”) today commented on Riverbed Technology's (NASDAQ: RVBD) announcement of preliminary earnings and other actions: “We commend the Board for initiating a strategic review and believe that Riverbed is a great company with products customers value,” said Jesse Cohn, portfolio manager at Elliott Management. “We have made a $21 bid for the company, and our team and advisors look forward to completing our confirmatory diligence in an expedited fashion.”

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