1. Elliott Management Corp.

    0 Comments Leave a Comment

    1-15 of 21 1 2 »
    1. Mentioned In 21 Articles

    2. Billionaire Paul Singer's Fund Reportedly Seeks to Scupper Chevron-Noble Deal

      Billionaire Paul Singer's Fund Reportedly Seeks to Scupper Chevron-Noble Deal
      Activist investor Elliott Management Corp. has bought a stake in Noble Energy Inc. in a reported bid to push the oil and gas explorer to abandon its plans to sell itself to Chevron Corp. Elliot Management, a New York-based hedge fund run by billionaire Paul Singer, believes the Chevron deal undervalues Noble Energy, Bloomberg reported on September 9, citing people familiar with the matter...
      Read Full Article
    3. AT&T Exploring Deal For Its DirecTV Unit

      AT&T Exploring Deal For Its DirecTV Unit
      ATT Inc. is taking a fresh look at its DirecTV business, according to people familiar with the matter, exploring a deal for a service wounded by cord-cutting. The telecom and media giant and its advisers at Goldman Sachs Group Inc. have been in talks with private-equity suitors about the satellite TV unit, some of the people said...
      Read Full Article
    4. Two New Players Join Elliott at Top of Activist List

      Two New Players Join Elliott at Top of Activist List
      The pandemic-related lockdown has affected all market participants, including activist investors. According to data from the Bloomberg Terminal, two relatively new players, Bulldog Investors LLC and Bluebell Capital Partners LP, have joined perennial leader Elliott Management Corp. at the top of the list of activists by the number of campaigns conducted...
      Read Full Article
    5. PG&E Faces a Sprint to Fix Restructuring After Governor’s Rebuke

      PG&E Faces a Sprint to Fix Restructuring After Governor’s Rebuke
      (Bloomberg) -- California Governor Gavin Newsom has long called for PGE Corp. to emerge from its bankruptcy radically transformed. Now, the beleaguered utility has to race to meet his demands -- or else see its restructuring plan blow up. The states largest power company has until Tuesday to address conditions that Newsom laid out in a letter late last week rejecting its reorganization proposal...
      Read Full Article
    6. Marathon Petroleum Bows to Activist Push With Spinoff, CEO Exit

      Marathon Petroleum Bows to Activist Push With Spinoff, CEO Exit
      Marathon Petroleum Corp. buckled under pressure from shareholders and announced the spinoff of its retail fuel-station business and the departure of its Chairman and Chief Executive Officer, just five weeks after activist investor Elliott Management Corp. went public with demands for a radical overhaul of the company. Marathon confirmed the plan Thursday, along with a review of its pipeline business...
      Read Full Article
    7. AT&T Boss Met Activist

      AT&T Boss Met Activist
      ATT Inc.'s chief executive met this week with the activist investor who is pressing the company to rethink its strategy and sell off more assets, according to people familiar with the matter. ATT boss Randall Stephenson and Jesse Cohn, the portfolio manager at Elliott Management Corp. who challenged the telecom veteran, met Tuesday in New York for an introductory conversation, the people said...
      Read Full Article
    8. Elliott Pushes for Sale of Hilton Grand Vacations

      Elliott Pushes for Sale of Hilton Grand Vacations
      Activist investor Elliott Management Corp. has built a position in Hilton Grand Vacations Inc. and has been advocating for a sale prior to the company putting itself on the block, according to people familiar with the matter. The New York-based hedge fund run by billionaire Paul Singer bought a stake of less than 5% in the time-share operator in July, said the people, who asked to not be identified because ...
      Read Full Article
    9. Goldman Activism Defense Chief Joins Activist Investor Elliott

      Goldman Activism Defense Chief Joins Activist Investor Elliott
      (Bloomberg) -- Goldman Sachs Group Inc.s top activism banker Steven Barg is joining the New York hedge fund Elliott Management Corp., one of the main firms he used to defend companies against, according to an internal memo obtained by Bloomberg. Barg will join the firm as its new global head of corporate engagement, the memo states...
      Read Full Article
    10. Breaking News: Thyssenkrupp CEO Resigns After Activist Shareholder Pressure

      Breaking News:  Thyssenkrupp CEO Resigns After Activist Shareholder Pressure
      Twitter Thyssenkrupp AG Chief Executive Officer Heinrich Hiesinger resigned days after the company inked a deal for a European steel joint venture that faced fierce investor opposition. Today I informed the Supervisory Board that I would like to step down from my position, Hiesinger said in a statement on Thursday. Hiesingers leadership at Thyssenkrupp had been marked by criticism for the companys declining revenue, rising costs and a declining stock ...
      Read Full Article
    11. 1-15 of 21 1 2 »
  1. Categories

    1. BoardProspects Features:

      BoardBlogs, BoardKnowledge, BoardMoves, BoardNews, BoardProspects Announcements, BoardProspects CEO, CEO Blog, In the News, Partner Publications, Question of The Week, Sponsored Content