Hemmed In By Activist Funds, Juniper Unveils Buyback, Other GoodiesVW Staff
Activist hedge funds notched up another victory yesterday when network equipment maker Juniper Networks, Inc. (NYSE:JNPR) made a slew of announcements designed to please shareholders.
Succumbing to demands from Paul Singer controlled hedge fund Elliott Management Corp, Juniper Networks, Inc. (NYSE:JNPR) announced yesterday an Integrated Operating Plan that included an ‘aggressive’ plan to return at least $3B in capital to shareholders, including over $2B in share . . .
This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email email@example.com and we will get back to you as quick as humanly possible