Elliott Management set to nominate directors to Salesforce board , WSJ says

Elliott Management is in conversations with numerous technology executives in preparation to nominate a slate of director to the board of Salesforce, The Wall Street Journal’s Lauren Thomas reports, citing people familiar with the matter. The report follows a Wall Street Journal article from this Sunday that Elliott has made a multi-billion dollar investment in the company. Thomas further notes that activist investors are swarming around Salesforce as the company has taken a more cautious approach to spending with its recent 10% staff layoffs – Starboard Value LP disclosed in October that it had taken a stake in Salesforce. Reference Link