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Western Digital may be close to a settlement with activist investor Elliott Management

Western Digital Corp. is close to reaching a settlement with activist investor Elliott Management Corp., who is urging the $19 billion company to more seriously consider splitting it into two parts, according to people familiar with the matter.

Elliott announced a 6% stake in Western Digital WDC in May,
+1.00%
and sent a letter urging the company to explore a Separation in companies focused on traditional hard drives for computers, or flash memory.

https://www.marketwatch.com/story/western-digital-may-be-close-to-settlement-with-activist-investor-elliott-management-11654651435?rss=1&siteid=rss Western Digital may be close to a settlement with activist investor Elliott Management

Brian Lowry

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