Home Featured Activist Trian Fund Management Takes Stake in Comcast

Activist Trian Fund Management Takes Stake in Comcast

by Bioreports
19 views
activist-trian-fund-management-takes-stake-in-comcast

Trian Fund Management LP, a hedge fund known for pushing big companies to make operational and other changes, has launched an activist campaign against Comcast Corp. in a bet that the cable-TV and entertainment giant’s stock is undervalued.

Trian has accumulated about 20 million shares in Philadelphia-based Comcast, for a roughly $900 million stake or about 0.4% of the company, a person familiar with the matter said. Comcast’s market value is about $200 billion.

You may also like

Leave a Comment