The activist investor believes AT&T is deeply undervalued, citing its "irreplaceable assets, enormous earnings power and an ability to win in key markets."
The struggling restaurant chain said its strategic plan is a better option for long-term shareholder value than Vintage Capital's offer.
The activist fund allegedly failed to comply with premerger notification rules before acquiring stock in DowDuPont two years ago.
The German software giant has prioritized revenue growth but is now taking steps to boost the profitability of its cloud business.
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eBay's shares rose 6% after Elliott Management disclosed a 4% stake in the company and unveiled a plan to unlock strategic value.
Third Point's Daniel Loeb believes internal company documents could boost his bid to replace Campbell's entire board.
The finance veteran joins Nielsen as the media ratings firm faces pressure from activist investor Elliott Management to sell itself.
About 41% of the publicly held, global soup-maker is still held by family members, who have resisted a sale in the past.
The investor urges Cigna shareholders to reject the acquisition of Express Scripts, calling it potentially “one of the worst blunders in corporate history."
The struggling furniture and equipment rental firm has been under pressure from activist investors to sell itself.
“We know we can do better," CFO Ed Record says as the retailer posts a net loss of $192 million and same-store sales decline 3.2%.
