Activist investor Elliot Management has taken a $1 billion stake in Match Group (MTCH), owner of top dating apps like Tinder, reports the Wall Street Journal.
Juniper Networks (JNPR) is close to a $13 billion acquisition by Hewlett Packard Enterprise (HPE) to augment its AI capabilities, per WSJ sources.
Shares of gene sequencing giant Illumina (ILMN) closed Tuesday higher after beating preliminary fourth-quarter revenue estimates under new CEO Jacob Thaysen. 2023 brought major upheaval for Illumina after failed efforts to acquire cancer testing firm Grail spawned regulatory disputes.
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Editor’s note: This article was written by Angel Smith.
