Sylebra Capital Makes Two Activist Moves

The firm is targeting RingCentral and 8x8.

Illustration by II

Illustration by II

A lesser-known Tiger Grandcub disclosed two activist positions late Friday.

Sylebra Capital, headed by Dan Gibson, said in a regulatory filing that it had boosted its stake in cloud-based communication and collaboration products and services provider RingCentral to more than 7.4 million shares, or 8.68

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