Elliott Management
Quotes
While we have been encouraged by the enthusiastic public response to this campaign, we have also noted the ongoing distraction around our compensation arrangements with Elliott Management ... As such, while each of us believes that these arrangements are appropriate and consistent with the performance of our duties as independent directors, each of us has made the decision to waive our right to receive these payments from Elliott.More quotes »
Around the web
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Elliott and Hess Shake Hands
into a provider of enterprise computing services, Reuters reports. REUTERS What Elliott Management Sees in NetApp | Elliott Management has expressed a belief that the computer storage company NetApp could do a lot more to raise its stock price, including a from Dealbook Read more »
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What Elliott Management Sees in NetApp
at $13.9 billion. NetApp is one of the biggest technology companies at which the activist investor has taken aim to date, as Elliott continues agitating at ever-larger targets. On Thursday, the hedge fund secured three seats on the board of the Hess Corporation, from Dealbook Read more »
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Paul Singer Haggles A Third Hess Board Seat
promise to seat two of its board candidates after Elliott Management voted for its own five was insulting. A promise to seat three under the same circumstances? That’s a compromise Paul Singer can embrace. Under the terms of the settlement, Elliott Management from DealBreaker Read more »
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NetApp shares jump after Elliott discloses stake
peaked earlier in the day at a 52-week high of $39.15. NetApp Inc.' s shares rose Thursday on a report that hedge fund Elliott Management is pushing for major changes at the data storage company. THE SPARK: A report by Bloomberg, citing an unidentified person from CNBC Read more »
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Hess Corporation (HES) Situation Win-Win, Says Analyst
morning it was learned that Hess Corporation (NYSE: HES) reached an agreement with Elliott Management to resolve its proxy contest. In the view of Deutsche Bank analyst Paul Sankey, the deal moves the situation from lose-lose to win-win. "In the event, good from Street Insider Read more »