HomeTagsElliott Management

Tag: Elliott Management

Activist Investor Elliott Builds a Sizeable Stake in Starbucks, Discusses Ways to Boost Its Stock

Activist investor Elliott Management has built a sizeable stake in coffeehouse chain Starbucks and is currently having private discussions with the company’s management about improving its underperforming stock, according to a report by The Wall Street Journal. Reportedly, the discussions between the two sides, described...

Elliott Management Issues a Proxy Threat to Southwest Airlines

Back and forth between airliner Southwest Airlines and activist investor Elliott Management continued this week. In a recent letter to the Southwest board, Elliott has issued a proxy threat if its demands for leadership change continue to be ignored. Elliott recently revealed that it owns...

Activist Investor Elliott Believes Southwest Airlines Needs a New Leadership

Elliott Investment Management disclosed on Monday that it has a $1.9 billion stake in Southwest Airlines, which amounts to approximately 11%. The activist investor didn’t waste time putting pressure, going public with calls for a new leadership at the airliner. Elliott sent a letter to...

Constellation Brands Settles With Activist Investor Elliott, Appoints Two Independent Directors

Constellation Brands, maker of beer brands Corona and Modelo, has announced a settlement with activist investor and one of its largest shareholders Elliott Investment Management. The news comes after Elliott threatened to put pressure on the company for the lack of transparency with its...

Activist Investor Elliott Management Won’t Pursue Changes on Salesforce’s Board

Improved results in the Q4 earnings report have allowed Salesforce to keep activist investor Elliott Management from pursuing changes on the company’s Board of Directors. This was confirmed by both Elliott and Salesforce on Monday. Elliott revealed a multi-billion investment in Salesforce earlier this year...