Activist investor Elliott builds $1 billion stake in Tinder-owner Match-WSJ
(Reuters) -Activist investor Elliott Investment Management has built a roughly $1 billion stake in Match Group and plans to push the Tinder dating app owner to take steps to improve its performance,…
Activist investor Elliott readies board challenge at Crown Castle – letter
By Svea Herbst-Bayliss and Samrhitha A (Reuters) -Activist investor Elliott Investment Management on Monday said it was ready to nominate directors at Crown Castle International and push for the ouster of the…
Elliott Management sues US SEC for records on swaps rules
By Svea Herbst-Bayliss and Jonathan Stempel (Reuters) – Elliott Investment Management, one of the world’s biggest hedge fund firms, on Friday sued the U.S. Securities and Exchange Commission to obtain more information…
Former Elliott investor Markel to launch fund -sources
By Nell Mackenzie LONDON (Reuters) – Former Elliott Investment Management investor Leo Markel will launch a London-based fund called Finch Bay Capital in the first quarter of 2024 and expects to raise…
Catalent, facing pressure from Elliott, had other activists in stock
By Svea Herbst-Bayliss NEW YORK (Reuters) – Contract drugmaker Catalent, which is being pushed to make changes to its board by Elliott Investment Management, had at least two other activist investors in…
Activist investor Elliott Investment Management dissolves stake in PayPal
(Reuters) – Activist investor Elliott Investment Management has dissolved its stake in payments giant PayPal, according to a filing with the U.S. Securities and Exchange Commission. (Reporting by Manya Saini in Bengaluru;…
Activist investor Elliott takes stake in drug manufacturer Catalent – source
By Maggie Fick LONDON (Reuters) – Activist investor Elliott Investment has taken a stake in contract drugmaker Catalent, a source familiar with the matter told Reuters on Thursday. The Wall Street Journal…
Activist investor Elliott seeks ouster of NRG CEO – WSJ
(Reuters) -Activist investor Elliott Investment Management is increasing pressure on NRG Energy and seeking to oust its CEO Mauricio Gutierrez, the Wall Street Journal reported on Wednesday, citing people familiar with the…
Activist Elliott to nominate directors at Salesforce -sources
By Svea Herbst-Bayliss NEW YORK (Reuters) – Elliott Management Corp, the activist investment firm that recently made a multimillion-dollar investment in Salesforce, plans to nominate several director candidates at the cloud-based software…
Pinterest reaches deal with activist Elliott; Steinberg to join board
NEW YORK (Reuters) – Pinterest on Tuesday said it reached a deal with Elliott Management, the activist investment firm that has offered up ideas on how to improve operations at the image…
Elliott raises stake in Pinterest; adds Clarivate, Cardinal Health to portfolio
(Reuters) – Hedge fund Elliott Investment Management raised its stake in social media platform Pinterest while adding Clarivate Plc, Cardinal Health and Triple Flag Precious Metals Corp to its portfolio, a regulatory…
Fresenius CEO signals realignment, confirms call with Elliott – FAZ newspaper
FRANKFURT (Reuters) – Newly appointed Fresenius CEO Michael Sen said that the company’s debt-financed growth strategy cannot continue, in an interview in Frankfurter Allgemeine Zeitung’s Wednesday edition. “In the past everything grew…
Elliott County Man Sentenced to 100 Years for Child Exploitation Offenses
ASHLAND, Ky.— An Elliott County man, Ronald Stinespring, 51, was sentenced to 100 years in federal prison on Monday, by U.S. District Judge David Bunning, after pleading guilty to three counts of…
Elliott exited Twitter during second quarter amid takeover frenzy, filings show
By Svea Herbst-Bayliss BOSTON – Elliott Management, the hedge fund that pushed for big changes at Twitter two years ago, exited the stock during the second quarter, soon after Elon Musk announced…
Rideshare Driver Ambushed, Carjacked at Gunpoint Near Elliott Park
PITTSBURGH, PA – A rideshare driver in Pittsburgh was dispatched to an address on Chartiers Avenue near Elliott Park early this morning where four armed men waited to carjack him. According to…
Activist Investor Elliott builds stake in PayPal – Bloomberg News
(Reuters) -Activist investor Elliott Investment Management is building a stake in PayPal Holdings Inc, as it plans to push the fintech giant to ramp up its cost-reduction efforts, Bloomberg News reported, citing…
Hedge fund Elliott, Jane Street invoke Human Rights in LME nickel lawsuit
By Kirstin Ridley and Pratima Desai LONDON – U.S. hedge fund Elliott Associates and Jane Street Global Trading are invoking the Human Rights Act as they seek to sue the London Metal…
Activist Elliott increases stake in UK wealth manager Brewin Dolphin
LONDON -Elliott has pushed its stake above 5% in Brewin Dolphin, a British wealth manager which is under offer from Royal Bank of Canada, the activist investor said on Friday. Elliott’s stake…
Suncor CEO Little faces scrutiny after activist Elliott takes aim
By Nia Williams and Svea Herbst-Bayliss (Reuters) – Three months ago Mark Little, the chief executive of Canadian oil and gas major Suncor Energy, issued a mea culpa. In January two trucks…
Elliott and Vista nears $13 billion deal to buy Citrix – source
By Krystal Hu – Elliott Management Corp and Vista Equity Partners are close to buying Citrix Systems Inc in a deal that values the U.S. cloud computing company at about $13 billion,…
Activist hedge fund Elliott reveals stake in U.S. utility NiSource
– Activist investor Elliott Management disclosed its stake in NiSource on Friday and said it supported the company’s decision to name a new chief executive officer, sending shares in the utility to…
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