Activist Investor Elliott Management To Cognizant: It's Time To Shake Up Board, Buy Back $2.5B Shares
by Steven Burke And Jimmy Sheridan
Elliott Management's value enhancement plan for solution provider powerhouse Cognizant aims to drive shares up by 50 to 69 percent over the next year.
Cognizant Says It Has Already Had 'Introductory Discussion' With Activist Investor Elliott Management
by Jimmy Sheridan
Upon receiving a letter from Elliott Management, Cognizant in its response says it had an 'introductory discussion' with the firm and 'intends to review the letter carefully and respond in due course.'
Citrix Makeover: 9 Sweeping Changes Being Demanded By Elliott Management
by Joseph Tsidulko
Elliott Management Group, a powerful New York-based hedge fund that has pressed for changes at a number of technology companies, including EMC, has set its sights on steering Citrix Systems, the beleaguered virtualization vendor, in a new direction.
Citrix Partners: Elliott Management Pact, CEO Exit Will Drive Sales To VMware
by Steven Burke
Solution providers say a Citrix 'cooperation' pact with activist investor Elliott Management -- which has led to the retirement of CEO Mark Templeton, new board members and a new 'comprehensive review' of Citrix's capital structure -- will drive business to Citrix rival VMware.
Plot Thickens As EMC Is Reportedly Considering Being Bought Out By VMware
by Kevin McLaughlin
Storage vendor EMC, under pressure to spin off VMware, may instead decide to be acquired by its $6 billion data center virtualization and cloud subsidiary, according to a new report.
Analysts: Signs Show Citrix Not Likely Considering Dell Buyout, Or Any Other Acquisition
TBR researchers recently returned from meetings with senior Citrix leaders, and walked away believing no acquisition was in the works.