Elliott Management Takes $1.4 Billion Stake In Cognizant, Says Shares Worth At Least 50% More

Hedge fund Elliott Management has disclosed a $1.4 billion stake in IT consultancy Cognizant Technology Solutions Group and a plan for the $36 billion company to improve its operational and stock market performance.

from Forbes – Tech http://ift.tt/2gzSBEs
via IFTTT