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Activist investor Elliott Investment Management won’t be proceeding with plans to nominate its own directors to Salesforce’s board, citing improved performance and a clearer “focus on value creation” from the enterprise software company. Elliott — one of five activist investors within Salesforce’s ranks — announced ahead of Salesforce’s recent Q4 earnings that it was pushing […]

Activist investor Elliott ditches director nomination plans for Salesforce by Paul Sawers originally published on TechCrunch

First Citizens BankShares has agreed to buy Silicon Valley Bank, the California lender that served as lifeblood of thousands of startups and whose collapse sent shockwaves through the financial sector, the U.S. Federal Deposit Insurance Corporation said on Monday. The deal includes the purchase of about $72 billion assets of Silicon Valley Bank at a […]

First Citizens to acquire Silicon Valley Bank by Manish Singh originally published on TechCrunch