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Activist Jana urging Alkami to explore sale, Bloomberg reports

Activist investor Jana Partners is urging Alkami (ALKT) Technology to explore a sale to a rival corporation or private equity firm, Bloomberg’s Matthew Monks reports. During a presentation Tuesday at the Bloomberg Activism Forum, Scott Ostfeld, managing partner at the hedge fund, said Jana believes Alkami is undervalued and an attractive business trading at a substantial discount following a 40% decline in its share price this year, the author notes.

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