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Strategies & Market Trends : Effective Collaboration - Team Research for Better Returns:

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The Ox

To: richardred who wrote (2525)	11/8/2013 9:06:02 AM
From: richardred	1 Recommendation Read Replies (1) of 8288

RE:RVBD Riverbed jumps after activist investor discloses stake, urges action Shares of Riverbed Technology (RVBD) are up about 7% in pre-market trade after activist investor Elliot Associates disclosed that collectively the firm and its affiliates have combined economic exposure and voting power in the stock of the company equivalent to 10.4% of the common stock outstanding. Elliot said it views the company's stock as undervalued and revealed it has expressed that view to Riverbed's board. Elliot urged Riverbed to implement "value-maximizing" steps and "strategic review initiatives." theflyonthewall.com

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