back to article Activist investors force Riverbed into climbdown over cash 'n' costs

Another one bites the dust as activist investor Elliott Management forces networking biz Riverbed into a strategic review of its options. Despite announcing good second and third quarter results with increasing revenues and profits, Riverbed has had to bow to activist investors' concerns about shareholder value by initiating a …

  1. Will Godfrey Silver badge
    Unhappy

    Presumably these people haven't heard the story about the goose that laid the golden egg.

    1. Swarthy

      Sure they have. They are just focused on the 1-2 you can get immediately. They just have no concern for the loads more that the goose could lay beyond their attention span; and even less concern for anyone who might have a longer attention span.

  2. Doctor Syntax Silver badge

    Assuming the management & engineering staff have a reasonable shareholding take the money & run could be a good strategy. Does anybody remember the Bilko Empty Store episode?

POST COMMENT House rules

Not a member of The Register? Create a new account here.

  • Enter your comment

  • Add an icon

Anonymous cowards cannot choose their icon