Anson's Activist Push: Hedge Fund Urges Twilio Sale
TL;DR Summary
Hedge fund Anson Funds, led by the former leader of tech investing at Legion Partners, has acquired a stake in Twilio and is urging the company to sell itself or divest its data and applications business. This adds to the shareholder pressure faced by Twilio, as Legion Partners continues to push for changes at the software company.
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