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International Business Machines Corp. (IBM) Shareholders Want Activist Investors To Force Changes
2015-04-03 12:09:16| Semiconductors - Topix.net
International Business Machines Corp. is reported to be working with two investment banks as the embattled company moves to formulate a plan to deal with disgruntled investors. Disappointed with 11-straight quarters of falling revenues, top shareholders are reported to have sought the intervention of activist investors like Pershing Square and Jeffrey Ubben's Value Act as they move to force some changes in the company.
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Category:Electronics and Electrical
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