{"id":44446,"date":"2014-10-09T08:11:04","date_gmt":"2014-10-09T12:11:04","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=44446"},"modified":"2014-10-09T08:11:04","modified_gmt":"2014-10-09T12:11:04","slug":"paul-singers-hedge-fund-pushes-technology-giant-emc-to-break-up","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2014\/paul-singers-hedge-fund-pushes-technology-giant-emc-to-break-up.html","title":{"rendered":"Paul Singer\u2019s Hedge Fund Pushes Technology Giant EMC to Break Up"},"content":{"rendered":"<p>NYT &#8211; Elliott Management, the activist hedge fund that owns 2.2 percent of the technology giant EMC, is calling for the $57 billion company to break itself apart.<\/p>\n<p>In a letter addressed to EMC\u2019s chief executive, Joe Tucci, and the board, Elliott criticized the company for being overly complex and suggested selling off a range of assets. Should EMC follow Elliott\u2019s advice, it would join a wave of big companies, including Hewlett-Packard and eBay, that are breaking themselves apart, bowing to investor pressure.<\/p>\n<p><a href=\"http:\/\/dealbook.nytimes.com\/2014\/10\/08\/hedge-fund-elliott-pushes-emc-to-break-up\/?_php=true&amp;_type=blogs&amp;_r=0\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>NYT &#8211; Elliott Management, the activist hedge fund that owns 2.2 percent of the technology giant EMC, is calling for the $57 billion company to break itself apart. In a letter addressed to EMC\u2019s chief executive, Joe Tucci, and the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-44446","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/44446","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=44446"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/44446\/revisions"}],"predecessor-version":[{"id":44450,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/44446\/revisions\/44450"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=44446"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=44446"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=44446"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}