Elliott Is Said to Take Stake in Dropbox, Seek Changes – BloombergQuint
(Bloomberg) — Activist investor Elliott Investment Management has taken a stake in Dropbox Inc., and plans to push for changes at the software company, according to a person familiar with the matter.
The New York-based hedge fund, which is run by billionaire Paul Singer, has told the company it is its largest holder after Chief Executive Officer Drew Houston, the person said, asking not to be identified because the matter is private. It is unclear what sort of changes the firm is seeking, or whether…
