Tag: activist investor

Here you will find all the articles with the tag: activist investor.

Salesforce settles with activist shareholder, does peace return?

Salesforce settles with activist shareholder, does peace return?

Salesforce is engaged in a hefty battle at the board level with several activist shareholders. These believe that Salesforce is performing far below its potential and that things must improve. Revenue and especially profit needs to go up. One of the demands of Elliot Management, the largest activis... Read more

date1 year ago
Activist investor Third Point takes stake in Salesforce

Activist investor Third Point takes stake in Salesforce

This latest move follows the lead of other activist investors, including Starboard Value, ValueAct Capital Partners, Elliott Investment Management, and Inclusive Capital, which have all taken shares in the San Francisco-based company. Third Point, a New York-based firm led by CEO Dan Loeb, has a... Read more

date1 year ago
Activist investor calls on Alphabet to reduce headcount and costs

Activist investor calls on Alphabet to reduce headcount and costs

Activist investor TCI Fund Management has called on Alphabet to cut costs by lowering its headcount and reducing expenses in several areas. "We are writing to express our view that the cost base of Alphabet is too high and that management needs to take aggressive action", the organization wrote... Read more

date1 year ago