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Elliott Takes 6.5 Percent Stake in Akamai

reuters.com

December 15, 2017 / 9:39 PM / in 5 minutes Elliott takes stake in Akamai, to seek sale of company or assets Reuters Staff 2 Min Read (Reuters) - Activist investor Elliott Management Corp on Friday disclosed a 6.5 percent stake in Akamai Technologies Inc ( AKAM.O ), and said it plans to hold talks regarding strategic alternatives for the company including a sale. Shares of Akamai, which speeds up content delivery over the internet (OTT), were up 13.8 percent at $65.75 in after-market trading...

Mentions: Management Elliott Management Sale