Get all your news in one place.

100’s of premium titles.
One app.

Get all your news in one place.

100’s of premium titles. One news app.

The Latest Breaking News from Elliott

PayPal Analysts Increase Price Targets Following Earnings Report, Elliott Management's $2B Investment

Analysts are diving into the second quarter earnings report from PayPal Holdings (NASDAQ: PYPL) and evaluating what a $2 billion stake from Elliott Management could mean for the financial technology company's future.

Benzinga

Why Did Pinterest's Shares Surge 16% Last Friday?

Pinterest’s (NYSE: PINS) shares closed up 16.2% on Friday on the New York Stock Exchange after the Wall Street Journal reported after market hours on Thursday that activist investor

Benzinga

Suncor (SU) Alters Board, Reviews Station Sale Post Elliot Deal

Suncor Energy (NYSE: SU) recently declared that it has entered into an agreement with the activist investment firm — Elliott Investment Management — according to which SU's board of directors will appoint three new independent directors, two of whom will serve on the CEO search committee.

Benzinga

From analysis to the latest developments in health,
read the most diverse news in one place.

Pinterest Analyst Says Elliott Management's Impact 'Could Be Limited': What Investors Should Know

Pinterest Inc (NYSE: PINS) rallied 14.8% on Friday following reports that activist investor Elliott Management has taken a 9% stake in the company.

Benzinga

Western Digital Weighed Strategic Alternatives Including Business Split

Western Digital Corp (NASDAQ:WDC) had weighed strategic alternatives, including splitting its businesses focused on traditional hard drives for computers and flash memory. Western Digital settled with activist investor Elliott Management Corp calling for the $19 billion company to consider splitting into two, the Wall Street Journal reports. Previously Elliott disclosed a 6% stake in Western…

Benzinga

London Metal Exchange sued for $456m over cancelled trades

US hedge fund Elliott Management criticises decision to halt nickel trading after spike in prices

The Guardian - UK

Morning Brief: Top Financial Stories Dominating on Wednesday, June 1

Reuters Redbird Capital Buys Italian Football Club AC Milan

Benzinga

Read news from The Economist, FT, and more,
with one subscription

Redbird Capital Buys Italian Football Club AC Milan

RedBird Capital Partners entered into a definitive agreement to acquire Associazione Calcio Milan (AC Milan) Club, newly crowned Champions of Serie A, from Elliott Advisors UK Limited, for 1.2 billion euros ($1.3 billion). The transition to new ownership will take place over the summer, with closing expected in September 2022. Elliott to retain a…

Benzinga

Ivan Gazidis: ‘We have brought Milan back. People said it was impossible’

Chief executive on the vision that delivered this season’s Serie A title, fears over football’s future and his big regret at Arsenal

The Guardian - UK

PreMarket Prep Stock Of The Day: Western Digital Rallies On Activist Investor's Entry

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.

Benzinga

Western Digital Stock Is Surging: Here's Why

Western Digital Corp (NASDAQ: WDC) shares are trading higher Tuesday after Elliott Investment Management sent a letter to Western Digital's board, calling for a full strategic review of the value that could be created by separating its flash unit.

Benzinga

City comment: Elon Musk’s Twitter takeover could herald return of Jack Dorsey

Who will run Twitter now that Elon Musk owns it?

Evening Standard

Who owns Twitter and could Elon Musk succeed in buying it?

Elon Musk has surprised the world with a $43 billion bid for Twitter.

Evening Standard

How Jack Dorsey Quit Twitter to Become Bitcoin’s Spiritual Leader

The Twitter founder, Block CEO, and Elon Musk buddy is gazing into the future with laser eyes, and he wants you to follow him.

Businessweek

Get all your
news in one place.

100’s of premium titles.
One news app.

Tribune News Service

Nielsen to go private in deal valuing TV-ratings company at $16 billion

Nielsen Holdings Plc has agreed to be acquired by a consortium including Evergreen Coast Capital Corp., an affiliate of Elliott Investment Management, and Brookfield Asset Management Inc.

The Guardian - UK

Who pays for lost credit balances at failed energy companies? We all do

A sizable chunk of consumers’ credit has gone missing but just how much is not yet clear

The Guardian - UK

Taylor Wimpey picks internal candidate as CEO in slight to activist investor

Company becomes first UK housebuilder to appoint female chief executive

Benzinga

Citrix Agrees To Be Acquired In $16.5B Deal

Citrix Systems Inc (NASDAQ:CTXS) reported fourth-quarter FY21 revenue growth of 5% year-on-year to $851 million. The non-GAAP net income was $186 million versus $183 million last year. Citrix reported a non-GAAP EPS of $1.47. Vista Equity Partners and Evergreen Coast Capital affiliates agreed to acquire Citrix in an all-cash transaction valued at $16.5 billion, including…

Get all your
news in one place.

100’s of premium titles.
One news app.

Benzinga

What Is Happening With Citrix Systems Shares?

Elliott Investment Management and Vista Equity Partners are in advanced talks to buy software-maker Citrix Systems Inc (NASDAQ:CTXS), Bloomberg reported recently. Elliott and Vista have tapped banks to finance their offer. Related Content: Why Are Citrix Shares Trading Higher Tuesday Premarket? Vista is still considering using its portfolio company Tibco as part of the…

1 … 3 4 5 6

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations