Watching NCR; Hearing Traders Circulating DealReporter Rumor Co Is Seeing Takeover Chatter, Engaged Capital Also Has A Large Stake In Co And The Fund's Founder Glenn Welling Sits On The Board
Portfolio Pulse from Happy Mohamed
NCR Corporation is reportedly seeing takeover chatter, according to rumors circulated by DealReporter. Engaged Capital, a large stakeholder in NCR, is also involved, with its founder Glenn Welling sitting on NCR's board.
July 06, 2023 | 2:06 pm
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NCR Corporation is seeing takeover chatter, which could potentially impact its stock price. Engaged Capital, a large stakeholder, is closely involved.
Takeover rumors often lead to increased stock prices as investors anticipate a premium to be paid for the company. Given that Engaged Capital, a large stakeholder, is involved and its founder sits on the board, the rumors could have a significant impact on NCR's stock price.
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IMPORTANCE 80
RELEVANCE 100