Around the Net
Microsoft Meets Activist Investor
- The Wall Street Journal, Tuesday, April 23, 2013 12:02 PM
A hedge fund with a history of shaking up companies revealed this week that it owns about $2 billion in Microsoft stock. “Jeffrey W. Ubben, founder of ValueAct Capital Management LP,
discussed the stake Monday at an investor conference,” The Wall Street Journal reports. “The disclosure revived hopes among some Microsoft investors that an influential shareholder could
spur changes to a stock price roughly even with 2002 levels.”
