Signals suggest that Mantle Ridge likes Cognizant’s new leadership and supports the board’s actions. The Street may come to ...
Activist investor Mantle Ridge has built a stake worth more than $1 billion in consultancy firm Cognizant Technology , saying ...
The investor has been working behind the scenes at the tech-services firm and isn’t currently planning to nominate directors.
Activist investor Mantle Ridge has built a stake of more than $1 billion in the technology services firm Cognizant Technology ...
Activist Commentary: Mantle Ridge was launched by Paul Hilal, a veteran activist who was a former senior partner at Pershing Square. Hilal is an incredibly experienced activist investor with a ...
Mantle Ridge started buying up shares of the company in the second half of 2022, when the stock was trading in the high $50 ...
Mantle Ridge owns $1 billion stake at a time new CEO is trying to turn around Cognizant's fortunes and the IT sector faces a ...
Stock Market Value: $39.13B ($79.12 per share) Activist Commentary: Mantle Ridge was launched by Paul Hilal, a veteran activist who was a former senior partner at Pershing Square. Hilal is an ...
Business: Cognizant Technology Solutions engineers modern businesses. Its services include artificial intelligence (AI) and other technology services and solutions, consulting, application ...
In the second half of 2022, Mantle Ridge began buying the stock which was trading in the high-50s to low-60s. Shortly after on Jan. 12, 2023, Cognizant announced a major reorganization.