Wednesday, August 17, 2011

Elliott Gains Opening to Press for Change With Brocade Stake

Elliott Management Corp., the investor that pushed Novell Inc. to sell itself last year, amassed an 8.5 percent stake in Brocade Communications Systems Inc., gaining an opening it could use to agitate for change.

Source: http://www.businessweek.com/news/2011-08-17/elliott-gains-opening-to-press-for-change-with-brocade-stake.html

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