back to article 'Fangless' activist investor chomps up chunk of Rackspace

A so-called "fangless" activist investor has increased its grip on OpenStack cloud cheerleader Rackspace, with a view to a possible sale. Blue Harbour Group has revealed it now holds a 6.4 per cent stake in the aspiring cloud provider, or 9.1 million shares. The company is reported to have started gobbling up Rackspace shares …

  1. Anonymous Coward
    Anonymous Coward

    If they are a “friendly” activist I would hate to see an 'unfriendly' one.

    All these activists are the same - gut the company and run.

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