Press Release February 08, 2017

Goodwin Advises Cognizant in Cooperation Agreement with Elliott Management

Goodwin lawyers counseled Cognizant Technology Solutions Corporation (NASDAQ:  CTSH) in its announced cooperation agreement with activist investor Elliott Management, whose affiliated funds own more than 4% of the company’s common stock. Details on the agreement are available in the Cognizant press release.

Cognizant is one of the world's leading professional services companies, transforming clients' business, operating and technology models for the digital era. It is headquartered in the U.S. and is ranked 230 on the Fortune 500 and is consistently listed among the most admired companies in the world. As of markets close on February 7, Cognizant had a market cap of $32.63 billion.

The Goodwin team was led by partners Joseph Johnson, Stuart Cable and Andrew Goodman and associates Courtney Gaughan and Gabriela Morales-Rivera.