Activist Alert: Western Digital

Amidst slowing consumer storage growth, Elliott wants to divest the company’s Flash business Elliott sends letter to Western Digital. Elliott, which holds a 6% stake in Western Digital (WDC), sent a letter to the company calling for a strategic review and...
SPAC Market Review – April 2022

SPAC Market Review – April 2022

A hawkish Fed and even more cautious SEC are slowing deals….but may raise the bar for more quality SPACs down the line. The month of April was nothing short of disastrous for the markets. The S&P 500 and the Dow Jones Industrial Average posted the worst...