Elliott engages with Equinix after building a stake in the data centre giant
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Elliott engages with Equinix after building a stake in the data centre giant
Activist hedge fund Elliott Investment Management has expanded its stake in data centre operator Equinix and is in private talks with the company, according to a report by Reuters citing an unnamed person familiar with the matter. The increased position comes on the heels of a sharp drop in Equinix’s stock following a surprise capital expenditure announcement. While the size of Elliott’s stake and the nature of its demands remain undisclosed, th…
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