Activist investor Carl Icahn shakes up Cloudera

Share This Post

The notorious activist investor and billionaire Carl Icahn (pictured) has claimed two seats on Cloudera Inc.’s board of directors just weeks after taking an 18.4% stake in the company.

Icahn, who is perhaps best known for trying to block Dell Technology Inc.’s move to become a private company back in 2013, revealed his position in the big data firm earlier this month. And he has wasted no time in reaching an agreement with Cloudera’s board after arguing that the company is seriously “undervalued,” Bloomberg reported today.

To read the entire article, please click on https://siliconangle.com/2019/08/12/activist-investor-carl-icahn-shakes-cloudera/

More To Explore