The Latest Breaking News from Elliott Management

Pinterest, Inc (NYSE: PINS) skyrocketed 35% higher in the after-hours session on Thursday following a report that Elliott Management built a 9% stake in the social media compan

Toshiba Corp (OTC:TOSBF) (OTC:TOSYY) reported results from the shareholders' meeting, where members from activist hedge funds were elected to the board. Elliott Management's Nabeel Bhanji and Farallon Capital Management's Eijiro Imai were elected as board members, Reuters reported. Akihiro Watanabe, an executive from investment bank Houlihan Lokey, becomes the board chairman. The report added…

RedBird Capital Partners - shareholders in Liverpool owners FSG - remain in the race to take over at Italian giants AC Milan

FSG partners RedBird Capital are in advanced talks to acquire Italian giants AC Milan

RedBird Capital Partners own 11 per cent of Liverpool FC owners FSG and have been linked with a bid for AC Milan

Whatever your ethical stance on activist investing is, it really does not matter. It is now common practice for large investors to take a large stake in a company and then tell the management that they know how to run their business better than they do.

Merger activity increased significantly last week with six new deals announced and eight deals completed. There were 17 deals announced in the month of March, with a total value of $64.55 billion. Nielsen Holdings (NYSE: NLSN)

Nick Candy has emerged as one of the major contenders to complete a takeover of Chelsea but his plans could be hit with a major stumbling block by Serie A giants AC Milan