Akamai shares leap after report of potential sale
Boston Herald - 01/10/2018
Nicole Boyson, a professor at the D’Amore-McKim School of Business at Northeastern University, said a sale could be coming.
“ ‘Review strategic alternatives’ is code for sell yourself,” said Boyson, who specializes in activist investors. “The fact that Akamai took the step to hire a well-regarded investment bank to perform a strategic review is a positive signal to investors that Akamai is taking Elliott seriously and might be considering doing something along those lines.”