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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...