A large shareholder has hinted that $640 million market cap Gartner Inc. should assess selling the company, but at least one analyst does not see a sale on the horizon. Two weeks ago, ValueAct Capital Partners upped its stake in the Lake Buena, Fla.-based technology research company to 13%, or $83.2 million, from an 11.6% stake. And in an Oct. 7 13D, San-Francisco-based ValueAct said it would “monitor [Gartner’s] operations, prospects, business development, management, competitive and strategic matters,” including a sale or merger of Gartner. And depending on the company’s actions, it may alter the size of its position in the company. ValueAct does not have representation on the board.
To read the entire story, you must be logged in.
Please log in now or register with us.
