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elliott management
Activist investor threatens Southwest Airlines with board fight: 'Profoundly out of touch'
Elliott, known for pushing changes to boost shareholder returns, has called for a reconstitution of Southwest's board with "new, truly independent" directors possessing expertise in airlines, customer experience and technology.
Southwest Airlines CEO rejects calls to resign: 'We have a great plan and will execute'
Activist investor Elliott Investment Management called for leadership and board changes at Southwest after reporting a stake worth about $1.9 billion in the carrier.
Hyperinflation could cause worst economic crisis since WWII, hedge fund warns
The hedge fund said the Fed, other central banks have been "dishonest" about the cause of inflation.
Activist investor Elliott Management takes a stake in Toshiba
Elliott, one of the world's most powerful activist investors, said in a statement to Reuters it is now a "significant" investor in Toshiba.
Paul Singer's hedge fund cuts Softbank stake, profits despite Chinese tech crackdown
Elliott Management has quietly reduced its position in Masa Son’s SoftBank Group, The Post has confirmed. And the Paul Singer-run hedge fund has made a tidy profit in the process...
How Duke Energy may have botched a war of words with Paul Singer
Efforts to defend Duke Energy from a proxy campaign led by billionaire Paul Singer have recently taken two quiet steps backwards. Last month, Singer's hedge fund Elliott Management urged the...
Elliott Management owns big Dropbox stake, holds discussions
Activist investor Elliott Management owns a large stake in Dropbox and has been holding private discussions with the file-sharing service provider for some time, a source familiar with the matter said on Wednesday....
AT&T execs roll their eyes as Elliott Management takes victory lap on $43B merger
Some higher ups at AT&T aren't too happy about billionaire Paul Singer's hedge fund's response to their $43 billion media merger on Monday. “Elliott Management is taking a victory lap...
Jeffrey Katzenberg's Quibi takes shot at billionaire's personal life
Quibi, the defunct streaming service founded by Hollywood mogul Jeffrey Katzenberg, wants to know whether Elliott Management's financing of a patent lawsuit against it was motivated by a personal relationship...
Paul Singer's giant hedge fund is leaving NYC for Florida
Billionaire Paul Singer is about to become the latest snowbird of prey to fly out of New York City. The relentless activist investor -- who recently squared off against Twitter...
Alibaba's Jack Ma quits SoftBank board after $18B Vision Fund loss
Billionaire Alibaba founder Jack Ma on Monday resigned from SoftBank's board in the latest departure by a high-profile ally of CEO Masayoshi Son. SoftBank didn't give a reason for Ma's...
Hedge Fund Elliot Management funds lawsuit against Quibi
Hollywood mogul Jeffrey Katzenberg is under attack from billionaire Paul Singer, whose activist hedge fund has accused his mobile streaming startup Quibi of patent infringement and theft of trade secrets....
Hedge fund warns stocks could drop 50 percent from February highs
Paul Singer’s Elliott Management said global stocks could tumble further, ultimately losing half or more of their value from February’s high, as the world braces for the deepest recession since...
Activist supports SoftBank's $4.8 billion buyback plan
Activist investor Elliott Management said on Friday it supports SoftBank’s latest move to buy back up to $4.8 billion of its shares. Elliott also said SoftBank would have opportunities to...
Twitter strikes deal to keep Jack Dorsey on as CEO
Twitter announced a truce with billionaire Paul Singer’s hedge fund Elliott Management that will allow Jack Dorsey to remain chief executive, only a week after a report that the fund...
Twitter CEO cancels Africa move due to coronavirus
Jack Dorsey may not be taking that long trip to Africa, after all. Twitter’s 43-year-old CEO said Thursday he was reconsidering plans to spend as much as six months on...
Jack Dorsey's days at Twitter may be numbered
Twitter shares spiked nearly 9 percent Monday after reports emerged that activist investor Paul Singer has CEO Jack Dorsey in his crosshairs. Singer’s Elliott Management has nominated four directors to...
Paul Singer looms over Softbank's Goldman Sachs meeting
Goldman Sachs has invited its large trading clients, including hedge funds, to a meeting with SoftBank Chairman and Chief Executive Masayoshi Son in the coming weeks, which is raising eyebrows,...
Elliott Management amasses $2.5B stake in bruised SoftBank
Hedge fund activist Paul Singer has a new target in his crosshairs: the massive investment firm behind WeWork’s bungled stock debut. Singer’s Elliott Management said it’s amassed a $2.5 billion...
AT&T to add new directors, sell up to $10 billion in assets next year
AT&T on Monday unveiled a three-year strategic plan that included adding two new board members, selling off up to $10 billion worth of non-core businesses next year and paying off...