Tag: Elliott Management

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

‘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 months 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 months 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

date8 months 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

date9 months 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

date1 year 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

date3 years ago
SAP under pressure: investor exerting influence, top executives gone

SAP under pressure: investor exerting influence, top executives gone

The largest European software supplier, SAP, is under pressure. In less than twelve months, activist investment firm Elliott Management acquired stakes of 1.2 billion euros, several top executives left the company and a restructuring plan is in place to save almost one billion euros. The latest dev... Read more

date3 years ago
‘AT&T in conflict with activist investors’

‘AT&T in conflict with activist investors’

AT&T is under pressure from Elliott Management to reduce operating costs and suspend future expansion plans. The activist investment company, which is part owner of the telecom firm, is currently in talks with AT&T to discuss acceptable outcomes for both parties. Elliott Management, an i... Read more

date3 years ago