1. An Activist Investor Takes Aim At A Multi-Billion Dollar Tech Company

    An Activist Investor Takes Aim At A Multi-Billion Dollar Tech Company

    Wikimedia Paul Singer Elliott Management Corp., a $25 billion activist hedge fund founded by Paul Singer, has spent more than $1 billion to take a 2% ownership of data storage firm EMC, the Wall Street Journal reports. That would make Elliott the fifth-largest shareholder of EMC, which is one of the largest in Elliott’s 37-year history, according to the WSJ. The move is largely seen as an ...

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