Gigamon shares jump as activist investor Elliott takes stake
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Gigamon (GIMO) Gains as Elliott Takes New 15.3% Stake
May 8, 2017 9:41 AM EDTShares of Gigamon (NYSE: GIMO) are up 11% in early trade Monday after activist hedge fund Elliott Associates disclosed a 15.3% stake in the company, including derivatives.
Item 4. Purpose of Transaction.
The Reporting Persons believe the securities of the Issuer are significantly undervalued and represent an... More
