Autodesk Blasts Activist Investors After Sachem Head Move

Updated on
  • CEO Carl Bass says activists are focused on short term
  • Comments come after fund reveals 5.7 percent stake in Autodesk

Autodesk Inc. Chief Executive Officer Carl Bass criticized activist investors for focusing only on short-term returns, after Sachem Head Capital Management disclosed a stake and said it wanted to start talks with the developer of design software.

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