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
‘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
Activist shareholder eBay wants a major review of its business operations
Elliott Management, an activist shareholder with a stake of more than four percent in eBay, has written a comprehensive letter to the company's board. In it, Elliott calls on eBay's board to dispose of a number of its activities.
As far as Elliott Management is concerned, it is time for eBay to refo... Read more