Categories: Science and Tech

Exclusive-Activist investor Jana Partners built stake in Alkami Technology in Q3, sources say

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TDG Syndication

By Svea Herbst-Bayliss NEW YORK (Reuters) -Activist investor Jana Partners built a new stake in U.S. banking technology company Alkami Technology during the third quarter, three people familiar with the matter told Reuters. By building the position, the hedge fund is signaling its interest in the company and that it has committed significant resources. Some activist investors have been pushing their target companies to consider strategic alternatives, including a sale, and there has been interest among buyers in the financial technology space in which Alkami operates. THE DETAILS THE NUMBERS THE BACKGROUND (Reporting by Svea Herbst-BaylissEditing by Dawn Kopecki and Rod Nickel) (The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)
TDG Syndication
Published by TDG Syndication