Breaking: Activist investor Elliott has a multibillion dollar investment in Salesforce, people familiar with the matter say, adding to pressure on the software firm
Activist investor Elliott Management Corp. has made a multibillion-dollar investment in Salesforce Inc., according to people familiar with the matter, adding to the pressures facing the business-software provider.
While details of the campaign couldn’t be learned, Elliott, one of the biggest and most prolific activists, often seeks board representation and pushes for companies to make operational improvements and other changes.
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