Elliott Management urges change in policies and management in NetApp. Elliott Management purchased shareholdings in NetApp Inc and true to its activist hedge fund nature, the firm is moving the company to change its board and look for ways to increase shareholder value.
Tags: Elliott Management
Southwest Airlines to Reduce Atlanta Flights and Slash 300 Jobs to Revive Financial Health
Southwest Airlines will cut operations in Atlanta by April 2025, reducing weekly flights from 567 to 381 and impacting over 300 employees.
Hedge Fund Elliot Confesses It's Really Scared Of Inflation
Elliot management warns investors of a high possible rapid inflation. Executive of the hedge fund Elliott Management wrote letter to investors warning that rapid inflation is their biggest concern in the current environment, adding that such a spike would not only collapse bond prices, but potentially lead to a stock market crash.
Hedge fund investor Paul Singer wins 13-year battle with Argentina
The legal battle running for 13 years between hedge fund investor Paul Singer and Argentina is over as both the parties have reached to an agreement. Singer's Elliott Management will get $4.65 billion cash from the Argentina government as part of the deal.
Doubts return at SandRidge a year after CEO ousted by investors
In June 2013, activist investors got the board of SandRidge Energy Inc (SD.N) to fire its CEO Tom Ward, arguing that he had mismanaged the Oklahoma City company and destroyed billions in shareholder value.
Latest News
Elliot Management calls the offer of Hess Corp of two directors a "PR stunt". In a bid to appease Elliott Management, Hess Corp has offered the maverick investment fund two seats on the board.
Hess, in a move to address criticisms, splits the position of CEO from Chairman. In a bold move, Hess Corp would be splitting the roles of chairman and chief executive officer in its annual shareholders meeting next week.
Business software maker Compuware Corp turned down hedge fund Elliott Management Corp's proposal for a $2.3 billion buyout
1
