Thursday, April 23, 2015

Bloomberg: Activist Investor Jesse Cohn Isn’t Bluffing Anymore

http://www.bloomberg.com/news/articles/2015-04-21/activist-investor-jesse-cohn-isn-t-bluffing-anymore

Cohn, who runs U.S. activist investments at hedge fund Elliott Management, is infamous throughout technology board rooms for offering to acquire a company to force an auction -- a tactic that has proved lucrative. Now, he’s starting an Elliott Management private-equity strategy that will give those offers an added heft, people with knowledge of the matter said.