It looks as if EMC and activist investor Elliott Management have worked out their differences at least in the short term. EMC added two Elliott-friendly directors to its board, bringing the total… Read more »
Network gear maker Riverbed Technology is being acquired for about $3.6 billion, or $21 per share in cash, by private equity firm Thoma Bravo and the private investor arm of Ontario Teachers’… Read more »
EMC’s CEO has not met with activist investor Elliott Management yet, but when he does, he’ll likely argue that breaking up (the federation) is hard, and the wrong thing to do. Read more »
Elliott Management will use its $1 billion stake in EMC to push for change and divestiture of federation companies, according to the Wall Street Journal. Read more »