{"id":74818,"date":"2020-07-12T00:04:03","date_gmt":"2020-07-12T04:04:03","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=74818"},"modified":"2020-07-14T00:46:56","modified_gmt":"2020-07-14T04:46:56","slug":"a-textbook-wall-street-activism-play-is-unfolding-with-underperforming-software-company-virtusa","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2020\/a-textbook-wall-street-activism-play-is-unfolding-with-underperforming-software-company-virtusa.html","title":{"rendered":"A textbook Wall Street activism play is unfolding with underperforming software company Virtusa"},"content":{"rendered":"<p>(CNBC) A battle heats up between a deep-research investor with a private equity mindset and an underperforming small cap software stock. This is a textbook case of good activism \u2014 a company with poor operating history, horrible corporate governance, underperforming stock, overpaid CEO and a large, long-term shareholder with a very friendly and reasonable request with impressive director nominees.<\/p>\n<p><a href=\"https:\/\/www.cnbc.com\/2020\/07\/11\/a-textbook-wall-street-activism-play-is-unfolding-with-underperforming-software-company-virtusa.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) A battle heats up between a deep-research investor with a private equity mindset and an underperforming small cap software stock. This is a textbook case of good activism \u2014 a company with poor operating history, horrible corporate governance, underperforming [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-74818","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/74818","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\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=74818"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/74818\/revisions"}],"predecessor-version":[{"id":74819,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/74818\/revisions\/74819"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=74818"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=74818"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=74818"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}