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PLAN - Anaplan jumps on report of activist Sachem Head taking stake
Anaplan Inc.
Anaplan Inc. (NYSE:PLAN) rose 8% on a report that activist Sachem Head has taken a stake in the business planning software company. Sachem Head may push for changes at the company, according to a Reuters report. The stake is comprised or common shares and settled swaps for an economic exposure of about 9%. Developing story ...