Scalper1 News
EMC (EMC) could be next up on the breakup wave, as hedge fund manager Elliott Management urged the data storage company in a letter Wednesday to spin off VMware. Elliott, which owns 2.2% of EMC, recommended it separate VMware (VMW) and sell other assets to improve shareholder value. EMC, the largest global provider of data storage systems, owns about 80% of VMware, the No. 1 provider of virtualization software. “Though EMC is a leader in numerous Scalper1 News
Scalper1 News