Bloomberg: Akamai pursuing strategic alternatives, sale

|About: Akamai Technologies, Inc. (AKAM)|By:, SA News Editor

Akamai (NASDAQ:AKAM) is working with Morgan Stanley to explore strategic alternatives including a potential sale, according to Bloomberg sources.

The exploration comes after pressure from activist investor Elliott Management.  

Akamai shares are up 2.1%.  

Previously: Akamai +10.7% after active stake reveal (Dec. 15, 2017)

Previously: Craig-Hallum upgrades Akamai on activist investor (Dec. 19, 2017)

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