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Salesforce receives investments from several activist investors, FT reports
The Fly

Salesforce receives investments from several activist investors, FT reports

Marc Benioff, the salesman who co-founded Salesforce, has long irritated Wall Street Critics due to his preference for growth over profits, Ortenca Aliaj, Antoine Gara, Richard Waters, and James Fontanella-Khan of The Financial Times reports. Between the company’s recent string of acquisitions and its slump in stock price, Salesforce has garnered the attention of several Wall Street activist investors. Elliot Management confirmed a multibillion-stake in Salesforce, joining fellow activist Starboard Capital. Former head of ValueAct Jeff Uben also owns a steak through his new fund Inclusive Capital. Reference Link

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