Elliott Discloses Active Stakes in Polycom and Mitel

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Go back to Elliott Discloses Active Stakes in Polycom and Mitel

Mitel Networks (MITL) Issues Response to Elliott Associates Filing; Shares Consolidation Views

October 8, 2015 12:08 PM EDT

Mitel Networks (NASDAQ: MITL) issued the following statement in response to Elliott Associates' recent filings on schedule 13-D.

"We welcome Elliott Associates' interest and ongoing investment in Mitel. We have reviewed Elliott's recent filings on schedule 13-D and share their views as to... More

Elliott Takes Active Stakes in Mitel Networks (MITL), Polycom (PLCM); Sends Letter to Polycom Board

October 8, 2015 8:34 AM EDT

Elliott Management Corporation (Elliott) disclosed active stakes and accompanying 13-D filings in Polycom, Inc. (Polycom) (Nasdaq: PLCM) and Mitel Networks (Mitel) (Nasdaq: MITL) and sent the following letter to the Board of Directors of Polycom:

October 8, 2015

The Board of Directors

Polycom, Inc.

6001 America Center Drive

San Jose, CA 95002

Attn: Peter Leav, Chief Executive Officer and Director

Dear Members of the Board of Directors:

I am writing to you again on behalf of Elliott Associates, L.P. and Elliott International, L.P. (together, Elliott or... More