Activist investor Elliott Management takes big stake in Salesforce, WSJ says

Activist investor Elliott Management has made a multibillion-dollar investment in Salesforce, adding to the pressures facing the business-software provider, The Wall Street Journal’s Lauren Thomas and Laura Cooper report, citing people familiar with the matter. "Salesforce is one of the preeminent software companies in the world, and having followed the company for nearly two decades, we have developed a deep respect for Marc Benioff and what he has built," Jesse Cohn, managing partner at Elliott, said. "We look forward to working constructively with Salesforce to realize the value befitting a company of its stature," added Cohn. Reference Link