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Activist-investor Mantle Ridge Capital has taken a USD1 billion position in Cognizant. In 2016, Elliott Management took a 4% stake in the company and Cognizant did not come out of that activist ownership happily. Will things be different this time around?
Activist-investors have a reputation. They come in. Pillage the company for returns. And, sometimes, leave a broken listless firm behind. The buyout of RJR Nabisco gave rise to the term ‘Barbarians at…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
Activist-investor Mantle Ridge Capital has taken a USD1 billion position in Cognizant. In 2016, Elliott Management took a 4% stake in the company and Cognizant did not come out of that activist ownership happily. Will things be different this time around?
Activist-investors have a reputation. They come in. Pillage the company for returns. And, sometimes, leave a broken listless firm behind. The buyout of RJR Nabisco gave rise to the term ‘Barbarians at…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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