Activist Hedge Fund Elliott Has Big Stake in Informatica

WSJ – Activist hedge fund Elliott Management Corp. has taken an 8% stake in big-data company Informatica Corp. , making it the company’s biggest shareholder, as of recent Securities and Exchange Commission filings.

The activist said Informatica’s shares are “significantly undervalued,” according to a federal filing. It believes that the company should go private, according to a person familiar with the matter.

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