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flag Mantle Ridge buys $1 billion stake in Cognizant, aiming to improve management and boost stock.

flag Mantle Ridge, an activist investment firm, has acquired a $1 billion stake in Cognizant Technology Solutions, aiming to boost the company’s valuation. flag Under former CEO Brian Humphries, Cognizant faced high workforce attrition and declining growth, falling behind competitors. flag Mantle Ridge’s involvement could lead to strategic changes, improved governance, and better management practices, potentially resulting in higher profitability and stock price for Cognizant.

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