If you follow EMC investment news, you’ve seen the headlines.
The Wall Street Journal ran with “Activist Investor Pushes EMC to Break Up”. Bloomberg news headlinedwith “EMC Said to Be Targeted for Breakup by Activist Elliott.” Business Insider went with “An Activist Investor Takes Aim At A Multi-Billion Dollar Tech Company.”
We could go on, but the point is already well made. Elliott Management, an activist hedge fund which generates a 14.6 percent net compound annual return for its investors, compared to 10.9 percent for the S&P 500, has loaded up on EMC shares and wants to split the “EMC Federation” (made up of EMC,VMWare and Pivotal) up into parts.
What Happens to Documentum If Elliott Mgmt. Breaks-Up EMC?
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