Laxman Narasimhan attends the 2023 TAAF Annual AAPI CEO Dinner at The Pool on September 26, 2023 in New York City. (Photo by JP Yim/Getty Images for The Asian American Foundation (TAAF). Jp Yim | Getty Images Activist Elliott Management and Starbucks‘ board of directors are in settlement talks, according to people familiar with the … Read more
A Southwest Airlines jet comes in for a landing at Laguardia Airport in New York City, New York, U.S., January 11, 2023. Mike Segar | Reuters Activist hedge fund Elliott Management has amassed a $1.9 billion stake in Southwest Airlines and plans to push for leadership changes at the airline that has lagged big rivals. Elliott is seeking to … Read more
Igor Golovniov | Lightrocket | Getty Images Crown Castle founder Ted Miller’s bid to secure four board seats at the telecommunications giant was resoundingly rejected by shareholders on Wednesday, ending a closely watched, litigious process that pitted Miller against activist juggernaut Elliott. Miller had put forward four candidates, including himself, for election. He had left … Read more
Nurphoto | Nurphoto | Getty Images Tinder and Hinge operator Match Group added two new directors and signed an agreement with Elliott Management, months after the activist investor was reported to have taken a stake in the company, Match announced on Monday. Instacart Chief Marketing Officer Laura Jones and Zillow co-founder Spencer Rascoff will join … Read more
Igor Golovniov | Lightrocket | Getty Images A co-founder of telecommunications company Crown Castle has nominated a rival slate of directors to the firm’s board, muddying the waters months after activist investor Elliott Management and Crown Castle signed a cooperation agreement. Ted Miller, who helped launch the company in 1994, along with his investment vehicle … Read more
Etsy Sellers Market in Times Square celebrating Etsy’s celebration going IPO at Nasdaq on April 16, 2015 in New York City. Paul Zimmerman | Getty Images Activist investor Elliott Management has a “sizable” investment in e-commerce firm Etsy, which announced on Thursday that Elliott partner Marc Steinberg would join the company’s board. The activist investor … Read more
(L-R) Gary Swidler, chief financial officer of Match Group, Greg Blatt, chairman of Match Group, Sam Yagan, CEO of Match Group and co-founder and CEO of OkCupid and Nelson Griggs, vice president of Nasdaq, pose for a photo in Times Square after celebrating Match Group’s initial public offering (IPO) at the NASDAQ stock exchange on … Read more
