Twitter CEO Survives Elliott Ax as Company Offers Concessions
Jack Dorsey has been serving as chief executive since founding the social media platform in 2006.
7-Eleven Parent to Buy Speedway for $21B
Elliott Management has been pushing for a sale of the gas station retail chain.
Twitter to Appoint Former Google CFO as Chairperson
The appointment comes three months after Elliott Management hedge fund pressed for the ouster of Twitter CEO Jack Dorsey.
Twitter Makes Deal With Activist Investor Elliott
The agreement averts a battle over Twitter CEO Jack Dorsey's leadership but "lays the groundwork for eventually replacing" him.
Activist Pushes for Removal of Twitter CEO
Twitter shares jumped on reports that Elliott Management is seeking to replace Jack Dorsey because he also runs Square.
CFOs Dealt With a Record Number of Activist Investors in 2019
A record 99 campaigns globally had an M&A-related thesis, accounting for about 47% of all the year's activity.
AT&T’s Three-Year Strategic Plan Appeases Activist Investor
Amid pressure from Elliott Management, the telecom and media giant announced a plan to cut costs and pay down debt.
EBay CFO Schenkel Steps in After CEO Resigns
“In the past few weeks it became clear that I was not on the same page as my new board,” CEO Devin Wenig tweets.
Elliott Management Discloses $3B Stake in AT&T
The activist investor believes AT&T is deeply undervalued, citing its "irreplaceable assets, enormous earnings power and an ability to win in key markets."
Activist Elliott Bets $1.3B on SAP Profit Growth
The German software giant has prioritized revenue growth but is now taking steps to boost the profitability of its cloud business.