Qlik Tech Targeted by Activist Elliott With New Stake
- Activist has initiated talks with management and board
- Elliott sees `strategic and operational opportunities'
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Qlik Technologies Inc. is being targeted by activist Elliott Management Corp., which has initiated talks with the enterprise software company over “strategic and operational opportunities.”
Elliott disclosed an 8.9 percent stake Thursday, making it Qlik’s largest shareholder, according to data compiled by Bloomberg, and described the company as “significantly undervalued.”