Elliott Management Seeks More Board Seats at Juniper
Activist hedge fund group, Elliott Management, is turning up the pressure on Juniper Networks, Inc. (NYSE:JNPR). The hedge fund led by Paul Singer, began pressing Juniper earlier in the year, back in January, when it held 6.2% ownership in the company. In January, Elliot Management made the case that Juniper Networks is “undervalued” and certainly has been stuck in a sideways range for many years. Singer’s hedge fund saw . . .
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