Commvault Systems, Inc.
2 activist/short documents on this target.
Timeline
2018-04-02
Elliott Management · letter
Commvault, a product-respected software leader, trades at half the peer multiple because of 1,200bps of margin collapse and 20-year stale governance; a board refresh, operational review and capital return will close the gap.
N4 V2
2018-04-02
Carl Icahn · letter
Commvault is a product-great but company-broken data management software leader; Elliott (10.3%) demands an operational review, four new directors, and a capital-return program to close a deep valuation discount.
N4 V2