July 27, 2017 / 8:59 PM / 2 years ago

BRIEF-RGM Capital urges board of Cornerstone Ondemand to consider strategic options

July 27 (Reuters) - Cornerstone Ondemand Inc

* RGM Capital urges board of Cornerstone Ondemand to consider strategic options

* ‍RGM Capital LLC says owns, in aggregate, approximately 4.7 pct of common stock of Cornerstone Ondemand​

* RGM Capital says “believe that market conditions are favorable” for cornerstone ondemand to consider strategic alternatives​

* ‍RGM Capital says calls on Cornerstone’s board to create independent strategic review committee immediately, hire financial & legal advisors to assist in process ​

* RGM Capital- believe path forward for co includes “establishing a strategic review committee to vet all options, including potential sale of business”​ Source text for Eikon: Further company coverage:

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