Industry News, Trustworthy Insights

Popular Companies:

Elliot Management Buys Multi-Billion Dollar Stake in Salesforce

Salesforce is under increased pressure as a result of activist investor Elliott Management Corp.’s multibillion dollar investment, according to people with knowledge of the situation.

Fabrice Coffrini/Agence France-Presse — Getty Images

While specifics of the campaign were unavailable, Elliott, one of the biggest and most active advocates, frequently requests board participation and urges businesses to implement operational adjustments and other improvements. Salesforce is among the world’s leading software firms, and after following the business for almost 20 years, managing partner at Elliott Jesse Cohn stated, “We have a tremendous regard for [Co-Chief Executive] Marc Benioff and what he has built.”

Mr. Cohn, who has previously served on the boards of

Industry news used by professionals

Try £4.99 per month

Already a member?
Weekly Digest

All the week’s industry events straight to your inbox.

Before your sign up, please read terms of use and privacy policy.

Trending

FREE Weekly Newsletter

Trusted industry insights used by Professionals

By signing up you agree to our terms of use and privacy policy.

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors

Password Reset

You will soon receive a Reset Password link

FREE Weekly Newsletter

Trusted industry insights used by Professionals

By signing up you agree to terms of use and privacy policy.

Send us your article

[formidable id=3]