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EMC Rising: Possible Elliott Action Highlights $35 to $37 Per Share Value, Says RBC

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Shares of enterprise storage titan EMC are up 88 cents, or 3.2%, at $27.86, after The Wall Street Journal's Dana Cimilluca and Shira Ovide this morning wrote that activist investors Elliott Management have taken a stake of more than $1 billion in the company, and are preparing to urge management to give up its 80% stake in virtualization software ... (more)


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