BOSTON (Reuters) – Paul Singer’s Elliott International Ltd hedge fund gained an estimated 0.1% in March and is now up 2.2% for the year through the first quarter, according to an update sent to clients on Friday and seen by Reuters. A spokesman for New York-ba... More »
(Reuters) – Hedge fund Elliott Management Corp has amassed a stake in Twitter Inc (TWTR.N) and is pushing for changes, including removal of the social media company’s chief executive, Jack Dorsey, two people familiar with the matter said on Friday. Twitter is ... More »
(Reuters) – AT&T Inc on Monday unveiled a three-year strategic plan that included selling up to $10 billion worth of businesses next year, paying off all its debt from the purchase of Time Warner and adding two new board members, bowing to pressure from activi... More »
NEW YORK (Reuters) – AT&T (T.N) and Elliott Management are talking about issues the activist hedge fund raised last month when it pushed for change at the U.S. telecommunications and media conglomerate, two people familiar with the matter said on Thursday. Ell... More »
ROZZANO, Italy (Reuters) – Telecom Italia’s (TIM) (TLIT.MI) top two investors will face off for the first time on Friday as they put their battle over board seats at the Italian phone group to a shareholder vote. Activist fund Elliott has built a stake of 9 pe... More »
MILAN (Reuters) – Telecom Italia (TIM) CEO Amos Genish said his position at Italy’s biggest phone group would be “untenable” if activist fund Elliott manages to win the majority of board seats at a shareholder vote on Friday, according to a newspaper interview... More »
(Reuters) – Hedge fund Elliott Advisors has become the second activist investor to call for Whitbread (WTB.L) to split its hotel and coffee shop businesses after emerging as the largest shareholder in the British company. Elliott, which disclosed a 6 percent s... More »
LONDON (Reuters) – Micro Focus shares surged on Thursday, with traders citing a Bloomberg report that hedge fund Elliott Management has taken a stake in the UK software firm. The shares jumped as much as 12 percent to their highest in a month before swinging b... More »
Hedge fund Elliott Management Corp's attempt to acquire U.S. networking software maker Gigamon Inc has ground to a halt over price disagreements, people familiar with the matter said on Thursday. More »
U.S. hedge fund Elliott Management Corp said on Monday it has a stake of just over 5 percent in Hitachi Kokusai Electric (6756.T), further complicating a stalled bid by U.S. buyout firm KKR & Co LP (KKR.N) to acquire the company. More »
FILE PHOTO: A promotional sign adorns a stage at a BHP Billiton function in central Sydney August 20, 2013. REUTERS/David Gray/File Photo Activist shareholder Elliott Management called on BHP (BHP.AX)(BLT.L) on Wednesday to “upgrade” its board of directors as ... More »
FILE PHOTO: Klaus Kleinfeld, Chief Executive Officer of Arconic, takes part in the Yahoo Finance All Markets Summit in New York, U.S., February 8, 2017. REUTERS/Lucas Jackson Activist hedge fund Elliott Management released the private letter written by Arconic... More »
Activist hedge fund Elliott Management Corp said on Friday it had entered into a standstill agreement with U.S. healthcare services company Advisory Board Co. More »
A general view shows Swiss biotech group Actelion Headquarters in Allschwil near Basel February 17, 2015. REUTERS/Arnd Wiegmann U.S. healthcare company Johnson & Johnson (JNJ.N) said on Friday it was in preliminary talks with Actelion (ATLN.S) about a potentia... More »
