Activist hedge fund Paul Singer appears to have another win under his belt as EMC Corporation (NYSE:EMC) is reportedly looking to sell its stake in software unit VMware, Inc. (NYSE:VMW), a move Singer had advocated. Also see Paul Singer Warns Of Financial Collapse, Says Lobbyists Writing Law EMC agrees to change their corporate strategy Josh Kosman of The New York Post is reporting that EMC’s chairman and CEO, Joe Tucci, “has given in to billionaire Paul Singer” by agreeing to change their corporate strategy and sell their stake in the firm, citing a “well-placed source familiar with the situation.” But this assessment is…
EMC "Gives In To Singer," Plans VMware Sale
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.