Hedge Fund Giant Accuses Riverbed Of Misleading InvestorsMark Melin
Paul Singer’s Elliott Management has turned up the heat with Riverbed Technology, Inc. (NASDAQ:RVBD), accusing the technology firm of misleading its investors.
Riverbed management and board have "crossed a line to actively misleading shareholders"
“By publicly denying the buyer interest that has been expressed to the Company and by comparing the value of Elliott’s bid to a false reality, Riverbed’s management and board have crossed a line from failing . . .
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