Hedge fund Jana Partners said on Monday that Qualcomm’s chip business was “essentially worthless” at current valuations and pressed the company to spin it off from its patent-licensing business to “restore investor confidence.” 361 more words
Tags » Activist Shareholders
EMC reached a temporary agreement with Elliott Management that will see two nominees of the investment firm that has called for the breakup of the storage and cloud technology company added to its board of directors. 504 more words
If you missed the big headlines, don’t fret! Here’s the news that powered Re/code this week:
- Two weeks ago, Apple announced its newest product line. 610 more words
EMC CEO Joe Tucci says he’s willing to meet with representatives of an activist investor fund that wants to break up the company.
Speaking on a conference call with investors, Tucci said the company… 365 more words