Elliott
Management acquired a 6.6% stake in Polycom Inc. (Nasdaq: PLCM) and
suggested a merger between Polycom and Mittel Networks Corp. (Nasdaq:
MITL). Shares of Polycom soared $1.91 to close at $13.35 while Mittel
stock surged $1.16 to close at $8.18.
Elliott Management suggests Polycom-Mittel merger
October 08, 2015 at 19:50 PM EDT