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Paul Singer’s hedge fund Elliott Investment Management taking a substantial activist stake in Salesforce Inc. $CRM
"Elliott Management has built a multibillion-dollar position in Salesforce $CRM, as another big activist investor joins the shareholder roster of a software group facing calls to cut costs and improve its stock price.

The New York-based firm joins fellow activist Starboard Value, which disclosed a stake in Salesforce $CRM in October with a call to increase profit margins." (FT)

"Elliott, has been involved in pushing for changes at tech companies ranging from Paypal Holdings Inc., Pinterest Inc. to Western Digital Corp." (Yahoo Finance)


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Source: Salesforce


Todor Kostov's avatar
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