Joseph K
Salesforce now faces two activist investors amid layoffs, slowing growth
Already under siege from Wall Street analysts amid slowing growth, Salesforce (CRM) execs have returned from schmoozing clients in the Swiss Alps at The World Economic Forum only to be greeted by one of the most feared activist investors in the game.
Elliott Management has taken a multi-billion dollar position in Salesforce, a source familiar with the matter confirmed to Yahoo Finance, adding that the investment management behemoth may push for a board seat.
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