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Activist Heavyweights Form Lobbying Group
Thursday, May 19, 2016 - 8:55am | 399Read More...Major activist hedge funds have formed a lobbying group called Council for Investor Rights and Corporate Accountability (CIRCA) to promote shareholder activism across the country. The announcement comes as presidential candidates Hillary Clinton and Bernie Sanders have been voicing against activist...
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Exclusive: Elliott's Paul Singer Says Rumors Of Yahoo Position Are Not True
Thursday, August 13, 2015 - 3:16pm | 285Read More...Shares of Yahoo! Inc. (NASDAQ: YHOO) traded up over 5 percent near $36.50 on Thursday following rumors that Paul Singer's Elliott Associates had started a position in the company. In an email to Benzinga, Singer said rumors of the Yahoo position were not true. Shares have since fallen on...
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Riverbed Technology To Deliver Earnings Growth, Experts & Crowd Say
Friday, May 8, 2015 - 2:04pm | 221Read More...Riverbed Technology, Inc. (NASDAQ: RVBD) is scheduled to announce its first quarter financial results on Monday before the market opens. According to Estimize, both experts and the crowd expect to see 12.5 percent year-over-year growth in earnings. In the first quarter of 2014, the company...
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Wedbush Comments On Informatica Rumor: Plans To Sell Company Are 'Nonexistent'
Wednesday, January 28, 2015 - 9:05am | 207Read More...Informatica Corporation (NASDAQ: INFA) has been tearing higher, propelled by rumors that Elliott Associates (an activist hedge fund) is pushing for a sale. Shares were trading at $38 mid-day Monday and prices closed Tuesday at $43. Analysts at Wedbush said Wednesday that plans to sell the...
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Deutsche Bank Just Shared What They Think Of Paul Singer's Stake In Informatica
Tuesday, January 27, 2015 - 4:13pm | 411Read More...In a Schedule 13D filed with the SEC Monday, January 26, Paul Singer’s Elliott Associates disclosed an 8.8 percent stake in Informatica Corporation (NASDAQ: INFA). The activist investor said he might propose a sale of the company, and contacted the company’s management with the...
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Analysts React to Elliott Associates $19 Offer to Acquire Riverbed Technology
Thursday, January 9, 2014 - 5:11pm | 449Read More...Following Elliott Associates offer to acquire Riverbed Technology (NASDAQ: RVBD) for $19 a share, several analysts published research reports. Related: Elliott Associates Launches $3 Billion Tender Offer For Riverbed Technology Jefferies: Negative view of Riverbed business, but that no longer...
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Elliott Associates Launches $3 Billion Tender Offer For Riverbed Technology
Wednesday, January 8, 2014 - 1:12pm | 361Read More...Elliott Associates launched a $3.08 billion offer to acquire Riverbed Technologies (NASDAQ: RVBD) for $19 a share in cash on Wednesday January 8. Paul Singer, a veteran activist investor who oversees the $23 billion hedge fund has had a deep interest in the company which he described as “...
