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Elliott builds $1.5 billion stake in Aspen
Elliott builds $1.5 billion stake in Aspen, opposes Emerson deal
Activist investor Elliott Management said on Friday it has invested more than $1.5 billion in Aspen Technology, opposing the company's decision to accept Emerson Electric's $7.2 billion tender offer.
Elliott Stake in Aspen Tech Fuels Traders’ Bets on Higher Takeover Offer
Merger-arbitrage traders are piling into bets that the emergence of Elliott Investment Management as an investor in Aspen Technology Inc. will result in a higher buyout bid from the company’s majority holder Emerson Electric Co.
Elliott Investment completes acquisition of American Greetings stake — plus 4 more M&A deals to know
American Greetings, the second-largest U.S. greeting card company, has a new majority owner. Learn about other Northeast Ohio M&A deals this week.
9h
on MSN
Two more Southwest Airlines board members step down, completing Elliott makeover
Two more Southwest Airlines board members will step down in April, finishing an overhaul in the company’s oversight group ...
The Manila Times on MSN
15h
Honeywell to split into 3 companies after Elliott Management takes $5 bn stake
Honeywell said it would separate its aerospace and automation businesses into separate entities, alongside its previously ...
1d
on MSN
Industrial giant Honeywell announces split into 3 companies after investor pressure
Honeywell, one of the last remaining American industrial giants, announced it will split into three companies Thursday after ...
7d
on MSN
Top hedge fund Elliott Management fears Trump is inflating a crypto bubble that faces 'inevitable' collapse, report says
Elliott Management wrote that White House policy is fueling a speculative crypto bubble that will eventually "wreak havoc." ...
1d
Honeywell to split into three independently listed companies in latest corporate breakup
Honeywell said on Thursday it will split into three independently listed companies, breaking up one of America's last ...
4d
ELLIOTT INVESTMENT MANAGEMENT CLOSES ACQUISITION OF MAJORITY INTEREST IN AMERICAN GREETINGS
Clayton, Dubilier & Rice (CD&R), and American Greetings Corporation today announced the successful completion of the previously announced transaction in which Elliott acquired a majority ownership ...
8d
Hedge fund Elliott warns White House is inflating crypto bubble that ‘could wreak havoc’
The Trump administration’s embrace of cryptocurrencies is helping fuel a speculative mania that could cause “havoc” when ...
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