Activist fund with a soft touch looks to shake up a wireless company that’s lost its way
A Sierra Wireless display at a trade show.
Source: Sierra Wireless
Lion Point Capital, run by alumni of Elliott Associates, Perry Capital and Starboard Value, struck an agreement this month with Sierra Wireless, a struggling telecom hardware maker that’s trying to become a software company. We believe Lion Point has a good chance at getting its agenda implemented.
Company: Sierra Wireless…
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