-
Elliott's Bold Play: SoftBank's AI Dreams Vs. Investor Demands
Thursday, June 6, 2024 - 8:39am | 606Activist investor Elliott Investment Management has taken a bold stance, buying a $2 billion stake in Japanese conglomerate SoftBank Group Corp (OTCPK:SFTBF) (OTCPK:SFTBY) and demanding a $15 billion share buyback, according to the Financial Times. The underlying message? Investors like Elliott...
-
Why Is Tinder Parent Match Group Stock Trading Higher Tuesday?
Tuesday, January 9, 2024 - 12:16pm | 502Match Group, Inc (NASDAQ: MTCH) stock is seeing an uptick Tuesday as Elliott Investment Management, a notable hedge fund, has acquired a significant stake in the parent company of various dating platforms, including Tinder, Hinge, OkCupid, and Plenty of Fish. Elliott's...
-
Twitter CEO Jack Dorsey Survives Elliott Ax As Company Offers Concessions
Monday, November 2, 2020 - 10:40pm | 472Twitter Inc (NYSE: TWTR) CEO Jack Dorsey is set to continue at the helm of the company after a board committee appointed earlier this year to look into leadership and succession recommended that the current management stays in place. What Happened: The committee, formed with the cooperation of...