1. Icahn Reveals Stake in Cloudera, May Seek Board Seats

    Icahn Reveals Stake in Cloudera, May Seek Board Seats

    (Reuters) - Activist investor Carl Icahn revealed a 12.6% stake in data analytics company Cloudera Inc on Thursday, and said he could seek seats on the company's board. Icahn said Cloudera's shares were undervalued and he will look to hold talks with the company's management to increase shareholder value. Cloudera's shares rose 12.6% in extended trading. They have plunged about 43% this year to Thursday close...

    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