Elliott discloses stake in Cognizant, urges board shakeup

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Cognizant (CTSH) Responds to Elliott Management Letter; Welcomes Communications With All Shareholders

November 28, 2016 2:20 PM EST

Cognizant Technology Solutions Corporation (Nasdaq: CTSH) issued the following statement in response to the open letter issued by Elliott Management Corp. ("Elliott"):

Cognizant welcomes open communications with all of its shareholders and values their input. The Cognizant Board of Directors and management team... More