activist investors
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Twilio might actually deserve activist investor attention
Twilio’s stock has fallen from $400 a share in 2021 to somewhere in the $60s today. It’s no wonder activist investors are circling.
As Elliott withdraws Salesforce board nominations, activist pressure could be easing
When Elliott announced it was withdrawing its slate of Salesforce board candidates, it seems that some activist pressure had been lifted.
Activist investor Elliott ditches director nomination plans for Salesforce
Activist investor Elliott Investment Management won’t be proceeding with plans to nominate directors to Salesforce’s board.
Will one good quarter appease the activist investors dogging Salesforce?
After Salesforce delivered a stellar quarter, will it help get rid of the bevy of activist investors dogging the company?
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Salesforce strikes back
It would be an understatement to say that Salesforce has been having a rough ride of late — from activist pressure to executive departures and layoffs — it seems like everyone was piling onto a company that was already struggling as profits declined. It needed a strong quarter, and all indications were they wouldn’t get…
Elliott has nominated its own slate of candidates for Salesforce board
Elliott Management, one of five activist investors working inside of Salesforce, has nominated a slate of candidates to the Salesforce board of directors. This move, which was confirmed by sources…
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With 5 activists in the mix, Salesforce will report earnings Wednesday
When Salesforce reports earnings on Wednesday, it could be a critical report for the company with five activist investors circling.
Can 4 activist investors play nice in the Salesforce sandbox?
What do the investors want from Salesforce, which is hardly in full distress? Sure, the stock is down, but it raked in $8 billion last quarter. That could be why…
Board changes could signal Salesforce’s willingness to appease activist investors
A week ago activist investor Elliott Management announced it had made a multibillion-dollar investment in Salesforce. By Friday, the company announced it was bringing in three new board members, and…
As activist investors target Salesforce, what’s next for the CRM giant?
With two activist investors taking significant stakes in Salesforce, Marc Benioff will be challenged in ways he probably hasn’t been before.
No rest for Salesforce as activist investor Elliott Management takes multibillion-dollar stake in company
It’s been a tumultuous time at Salesforce recently, and it’s not getting any quieter soon. The Wall Street Journal reported last night that the company now needs to deal with…
A brief history of activist investors in tech and the role they play
With news of activist investors closing in on Salesforce, TechCrunch+ took a look at how activists have influenced companies’ trajectories in recent years.
Starboard Value goes after 3 tech companies with cost-cutting axe
Let’s examine Salesforce, Wix and Splunk one by one to understand why Starboard Value thinks that each one is failing to meet its true potential.
Starboard Value reportedly taking ‘significant’ stake in Salesforce
Activist investor Starboard Value is taking a “significant stake” in Salesforce today. The firm believes that Salesforce could perform better.
Zendesk drama concludes with $10.2 billion private equity acquisition
Zendesk has had a difficult time over the last several months. It has been hounded by activist investors, Jana Partners. It turned down a $17 billion acquisition in February believing…
Zendesk punished by investors after vowing to remain independent
Does the spurned $17 billion offer from earlier this year appear more attractive in light of the current downturn? Sure, but enough to put Zendesk’s decision to decline in doubt?…
Under intense activist investor pressure, Zendesk could be looking at possible sale
It’s been tough times for Zendesk, which has been fending off Jana since the end of last year, when the activist investor began to send the company, which focuses on…
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Zendesk’s latest problem is an activist investor
Zendesk has been having some issues with its investors lately. Yesterday, activist investor Jana Partners piled on with an SEC filing that wasn’t terribly friendly.
ESG and shareholder activism: A tsunami is coming to Silicon Valley
With the increase in attention on ESG issues over the past few years, it’s easy for companies to assume that we’ve reached the crest of the ESG wave. However, we…
Box wins proxy board battle with activist investor Starboard Value
A battle between Box and its majority shareholder Starboard Value over control of the board ended today when the company’s slate of directors easily defeated Starboard’s. It culminated months of…
Box reports earnings early to give shareholders time to review financials ahead of board vote
Box has been in an ongoing dispute with activist investors Starboard Value over control of the board, an argument that is expected to come to a head on September 9th…
The war between Box’s current leadership and activist shareholder Starboard took a new turn today with a detailed timeline outlining the two groups’ relationship, thanks to an SEC filing and companion press…
Activist investor Starboard Value makes official bid for Box board seats in letter
Last week activist investor Starboard delivered a public letter rebuking Box for what it perceives as underperformance. Today the firm, which owns 8% of Box stock, making it the company’s…
Starboard Value puts Box on notice that it’s looking to take over board
Activist investor Starboard Value is clearly fed up with Box and it let the cloud content management vendor know it in no uncertain terms in a letter published yesterday. The…
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As activist investors loom, what’s next for Box?
Activist investors will only sit still for so long, and when they take action, it usually involves one of two approaches: Replace the leadership team or induce a sale.
Activist investor Starboard Value taking three Box board seats as involvement deepens
When activist investors Starboard Value took a 7.5% stake in Box last September, there was reasonable speculation that it would begin to try and push an agenda, as activist investors…
Activist investors want to crank up the Twitter revenue machine
When Elliott Management, a New York investment firm with an activist approach, sets its sights on a company, it usually means it has been under-performing, and it sees a ton…
Activist investors Elliott snag 10.3 percent stake in Commvault
Elliott Management, an investment firm long known for its activist streak, set it sights on Commvault today, purchasing a 10.3 percent stake and nominating four Elliott-friendly members to the company’s…
Jack Dorsey says he’ll continue running both Square and Twitter
As Twitter’s growth continues to stall and increasingly becomes an issue, Twitter CEO Jack Dorsey’s double-time running both Twitter and Square has become a big question mark — and Dorsey…
