Tag: Elliott Management

Here you will find all the articles with the tag: Elliott Management.

Salesforce settles with activist shareholder, does peace return?

Salesforce settles with activist shareholder, does peace return?

Salesforce is engaged in a hefty battle at the board level with several activist shareholders. These believe that Salesforce is performing far below its potential and that things must improve. Revenue and especially profit needs to go up. One of the demands of Elliot Management, the largest activis... Read more

date11 months ago
‘Salesforce bows to pressure from activist investors’

‘Salesforce bows to pressure from activist investors’

The CRM giant is implementing strict new policies for employees across the board. Salesforce is reacting to pressure from activist investors by cutting costs, according to an article on TechCrunch. For starters, the company is implementing much stricter performance measurements for engineering.... Read more

date1 year ago
Activist investor Elliott Management acquires stake in Salesforce

Activist investor Elliott Management acquires stake in Salesforce

Elliott Management acquired a significant stake in Salesforce, the Wall Street Journal reports. The activist investor may influence the company considerably. Elliott Management reportedly took a 3.3 percent stake, representing a multi-billion dollar investment. The exact figure was not disclosed... Read more

date1 year ago
‘Elliott Investment Management is building a stake in PayPal’

‘Elliott Investment Management is building a stake in PayPal’

The investment manager is reportedly pushing the financial tech giant to cut its costs post-pandemic. This week Bloomberg News reported that Elliott Investment Management is building a stake in PayPal. The investment manager plans to push the fintech giant to ramp up its cost-reduction efforts, ... Read more

date2 years ago
Elliot Management takes interest in embattled Pinterest

Elliot Management takes interest in embattled Pinterest

According to insider sources, activist investor Elliott Management significantly increased its investment in Pinterest as the once-popular social media business struggles with a loss in users. Elliott Management recently increased its holding by more than 9 percent, informing Pinterest that it's... Read more

date2 years ago
‘Merger Citrix and TIBCO in the making’

‘Merger Citrix and TIBCO in the making’

Investment firms Elliott Management and Vista Equity Partners are planning to acquire Citrix. If the deal happens for about 11.6 billion euros ($13 billion), a merger with TIBCO is likely to follow. This is according to sources from Reuters. According to the sources, the investment companies cou... Read more

date2 years ago
‘Citrix may end up in the hands of investment companies’

‘Citrix may end up in the hands of investment companies’

Virtualization specialist Citrix may end up in the hands of private investors Elliott Management and Vista Equity Partners. According to anonymous sources from Bloomberg, activist hedge fund Elliott Management and private investment firm Vista Equity Partners are working on acquiring Citrix. ... Read more

date2 years ago
Citrix explores selling the company again, due to share price drop

Citrix explores selling the company again, due to share price drop

Citrix Systems experienced a sharp drop in shares price this year. It is now working with advisers to again considering getting acquired, according to people familiar with the matter. The company’s shares jumped when the possible sale of the company became public news. Citrix plans to gauge th... Read more

date2 years ago
Twitter under heavy pressure to perform

Twitter under heavy pressure to perform

Twitter has recently gained two activist shareholders, which has increased the pressure on the board of the social network considerably. The CEO and co-founder, Jack Dorsey, is already on his way out. Elliott Management Corporation took a 4 percent stake in Twitter since the beginning of this mo... Read more

date4 years ago
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