(Reuters) Elliott Management Corp, best known as an activist investor, announced its first agreement to buy a public company on Thursday, a $1.6 billion acquisition of network software firm Gigamon Inc (GIMO.N). The deal for Gigamon was struck by Elliott’s private equity arm, Evergreen Coast Capital Partners, about six months after the hedge fund bought a 15.3 percent stake in the company and pushed it to explore a sale.
Elliott Makes First Public Buyout With Gigamon in $1.6 Bln Deal
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