Cloudera (CLDR) Announces Agreement with Carl Icahn; Names 2 to Board
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Cloudera and Carl C. Icahn Announce Agreement
August 12, 2019 7:00 AM EDTPALO ALTO, Calif., Aug. 12, 2019 /PRNewswire/ -- Cloudera, Inc. (NYSE: CLDR) (the "Company" or "Cloudera"), the enterprise data cloud company, today announced that it has reached a voting and standstill agreement (the "Agreement") with Carl C. Icahn and certain of his affiliated entities (collectively, the "Icahn Group") regarding, among other things, the membership and composition of the Company's Board of Directors (the "Board") and its committees. Based on the Icahn Group's Schedule 13D filings, the Company believes the Icahn Group beneficially owns 50,343,460 shares, representing approximately 18.36% of the Company's outstanding common... More
