Elliott Associates Discloses 5.5% Stake in MSC.Software (MSCS), Wants A Sale Considered
Elliott Associates has communicated to the company their belief that they should consider exploring strategic alternatives, including a sale.
MSC.Software Corporation and its subsidiaries engage in the development, marketing, and support of simulation software and related services
Elliott Associates is a $9.8 billion New York-based hedge fund founded by Paul Singer. The fund has beaten the S&P 500 for 30 years.