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Elliott Seeks 6 Directors On Public Storage Board After Acquiring Substantial Stake
Monday, December 14, 2020 - 12:45am | 467Activist hedge fund Elliott Management Corp. has acquired a significant stake in self-storage service provider Public Storage (NYSE: PSA), the Wall Street Journal reported Sunday — citing people familiar with the matter. What Happened: Public Storage said in a statement...
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Activist Investor Elliot Management Buys Stake In F5 Networks: WSJ
Sunday, November 8, 2020 - 11:35pm | 400Elliott Management Corp. has acquired a stake in the Seattle-headquartered technology company F5 Networks Inc (NASDAQ: FFIV), according to the Wall Street Journal. What Happened: The activist investor's purchase amounts to less than a 5% beneficial ownership and it doesn't require...
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7-Eleven To Buy Marathon Petroleum Convenience Stores Arm Speedway For $21B
Sunday, August 2, 2020 - 11:07pm | 405Marathon Petroleum Corp (NYSE: MPC) has agreed to sell its Speedway convenience store business to 7-Eleven, Inc, a subsidiary of Japan’s Seven & i Holdings Co., Ltd (OTC: SVNDY) for $21 billion in cash, the two companies announced Sunday. What Happened The fuel maker said it...
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Hedge Fund Vet Talks Singer's Qlik Involvement
Monday, March 7, 2016 - 4:07pm | 542Enterprise software firm Qlik Technologies Inc (NASDAQ: QLIK) has been targeted by veteran hedge fund manager Paul Singer's Elliott Management Corp. and the activist investor may push for a sale of the company. According to a regulatory filing last week, Elliott Management has bought 8.88...