Elliott Management

Barnes & Noble, Inc. (NYSE: BKS) has officially entered into a definitive agreement to be acquired by hedge fund Elliott Management for $6.50 per share in an all-cash transaction valued at approximately $683 million. This is not first acquisition Elliott has made of a large bookseller. In June...

Under pressure from activist investors Elliott Management and Starboard Value, eBay Inc (NASDAQ: EBAY) announced Friday it would pursue strategic initiatives. The initiatives will include a strategic review of assets, an operating review, and the addition of two new independent board members. What...

E-commerce company eBay Inc (NASDAQ: EBAY) reported fourth-quarter results Tuesday, days after activist investor Elliott Management announced a stake of more than 4 percent. Here's how the Street reacted. The Analysts Barclays' Ross Sandler maintains an Overweight rating on...

Shares of e-commerce platform eBay Inc (NASDAQ: EBAY) were trading higher Wednesday after activist investors took stakes in the company, with one outlining a strategy that includes spinning off non-core businesses.  Analysts said the news that Elliott Management Corp. and Starboard Value...

Nielsen Holdings PLC (NYSE: NLSN) shares were rallying Monday after The Wall Street Journal reported a notable activist investor firm accumulated a stake in the measurement and data analytics company. What Happened Paul Singer's firm Elliott Management acquired a stake in Nielsen,...

Warren Buffett and Jamie Dimon stirred the pot with their recent call for corporations to end the issuance of quarterly earnings guidance. "In our experience,” Dimon and Buffett said in an op-ed for the Wall Street Journal, “quarterly earnings guidance often leads to an unhealthy...

In response to an Elliott Management letter pressuring immediate initiation of a sale process, athenahealth, Inc (NASDAQ: ATHN) confirmed Thursday that it was exploring Elliott’s unsolicited takeover offer and would do so on its own time. What Happened “The Board currently is...

Activist investor Elliott Management has liquidated or is liquidating its stake in Taubman Centers, Inc. (NYSE: TCO), according to The Deal. The move could be a “major blow” to fellow activist Jonathan Litt’s Land & Buildings Investment Management and its proxy fight against...

Arconic Inc (NYSE: ARNC) is a stock that's "bruised" trading south of $18 per share, but to say it's "broken" stock is a mistake, according to Longbow Research.  The Analyst Longbow Research's Chris Olin upgraded Arconic from Neutral to Buy with a new $23...

Activist investor Elliott Management confirmed Monday it is working to fully acquire athenahealth, Inc (NASDAQ: ATHN). What Happened CNBC's David Faber reported Monday morning that Paul Singer's Elliott Management, already an 8.9-percent owner of Athenahealth, is prepared to pay $155 to $...

An activist investor campaign that's targeting margin expansion at Akamai Technologies, Inc. (NASDAQ: AKAM) led KeyBanc Capital Markets to drop its bearish stance on the cloud services company.  The Analyst KeyBanc's Brandon Nispel upgraded Akamai...

Billionaire investor Paul Singer thinks that "FOMO" has now trumped "WTHIT" — two acronyms he's used to describe the cryptocurrency market. What You Need To Know In a letter obtained by Business Insider, Singer, the founder of the $34-billion hedge fund Elliott...

After a lackadaisical first-half in 2017, Akamai Technologies, Inc. (NASDAQ: AKAM) shares picked up beginning in September. At the company's current valuation, a KeyBanc Capital Markets analyst is bearish.  The Analyst KeyBanc Capital Markets analyst Brandon Nispel downgraded Akamai...

Elliott Management and Elliott International disclosed a joint 6.5-percent ownership stake in Akamai Technologies, Inc. (NASDAQ: AKAM) Dec. 15.  The Analyst Morgan Stanley's Keith Weiss maintained an Underweight on Akamai and increased the price target from $46 to $52. The...