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AKAM - Akamai quickly gains 6% on takeover speculation
Akamai Technologies Inc.
Akamai Technologies ( NASDAQ: AKAM ) quickly jumped 6% on speculation of takeover interest.
An unidentified private equity firm is said to be in talks to try to secure financing for a potential offer for Akamai ( AKAM ), according to a StreetInsider report, which cited a source.
The report claims that recent market speculation has suggested activist Elliott Management may be interested.