💨 Abstract

Activist investor Jana Partners is nearing a settlement with cybersecurity company Rapid7, with discussions focused on boosting share price through operational improvements and potential sale. Three new board members are expected to join under the proposed terms, and an announcement could come as early as Monday. The situation is fluid. Rapid7 specializes in vulnerability management and has been impacted by corporate clients cutting security spending due to broader economic uncertainty.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖