Actionable Opportunities in Special Situations: Spinoffs, Bankruptcy, Restructurings

Activist Target

David Einhorn joins the activist fray in EMC Corp (EMC)

David Einhorn’s Green Light Capital has joined the activist fray in EMC Corp (EMC) and disclosed a stake. “These businesses essentially operate as independent companies, but trade as one under EMC’s corporate structure,” Einhorn wrote in a letter to Greenlight investors today. “EMC management acknowledges that the combined business trades at a discount and has recently committed to trying to address it in early 2015.” Source: MarketWatch

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