Activist investor Elliott Management takes big stake in Salesforce

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Activist investor Elliott Management takes big stake in Salesforce
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Activist investor Elliott Management Corp. has made a multibillion-dollar investment in Salesforce Inc., according to people familiar with the matter, adding...

Activist investor Elliott Management Corp. has made a multibillion-dollar investment in Salesforce Inc. CRM, according to people familiar with the matter, adding to the pressures facing the business-software provider.

“Salesforce... Activist investor Elliott Management Corp. has made a multibillion-dollar investment in Salesforce Inc. CRM , according to people familiar with the matter, adding to the pressures facing the business-software provider. “Salesforce is one of the preeminent software companies in the world, and having followed the company for nearly two decades, we have developed a deep respect for [Co-Chief Executive] Marc Benioff and what he has built,” Jesse Cohn, managing partner at Elliott, said.

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