1. The Free Advice of Activist Investors is Worth Plenty to Shareholders

    The Free Advice of Activist Investors is Worth Plenty to Shareholders

    At 8:38 a.m. on June 11, the activist investment firm Elliott Management—run by billionaire Paul Singer—disclosed that it controlled a 7.1% interest in software vendor Citrix Systems, and wanted to meet with management to discuss its proposal to overhaul the company. More than seven hours passed before Fort Lauderdale-based Citrix produced a noncommittal, one-paragraph, reply. By then the game already was on, with the stock trading up $4.42, or 7%...

    Read Full Article

    Login to comment.

  1. Categories

    1. BoardProspects Features:

      BoardBlogs, BoardKnowledge, BoardMoves, BoardNews, BoardProspects Announcements, BoardProspects CEO, CEO Blog, In the News, Partner Publications, Sponsored Content
  2. Topics Mentioned

  3. Authors