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Activist Hedge Fund Elliott Looks To Raise $1B SPAC: WSJ
Monday, February 8, 2021 - 4:27am | 377Read More...Activist investor Elliott Management Corp is looking to jump aboard the blank check company bandwagon, the Wall Street Journal reported Sunday. What Happened: The Paul Singer-founded company has held discussions with bankers to raise a billion dollars for the special purpose acquisition company,...
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Activist Investor Elliott Exits AT&T, Buys Uniti, Boosts Dell
Tuesday, November 17, 2020 - 3:23am | 489Read More...Elliott Management exited AT&T Inc (NYSE: T) in the third quarter of 2020, according to its latest 13F filing. The Paul Singer-founded activist hedge fund sold 5 million AT&T shares in Q3, valued at $151.15 million as of the previous quarter's end. Other...
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Nielsen Holdings Rallies On Elliott Management Stake
Monday, August 13, 2018 - 9:25am | 347Read More...Nielsen Holdings PLC (NYSE: NLSN) shares were rallying Monday after The Wall Street Journal reported a notable activist investor firm accumulated a stake in the measurement and data analytics company. What Happened Paul Singer's firm Elliott Management acquired a stake in Nielsen,...
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Elliott Management Makes $160-Per-Share Takeover Offer For Athenahealth
Monday, May 7, 2018 - 9:13am | 400Read More...Activist investor Elliott Management confirmed Monday it is working to fully acquire athenahealth, Inc (NASDAQ: ATHN). What Happened CNBC's David Faber reported Monday morning that Paul Singer's Elliott Management, already an 8.9-percent owner of Athenahealth, is prepared to pay $155 to $...
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Elliott's Paul Singer Calls Cryptocurrencies A 'Brilliant Scam'
Tuesday, February 20, 2018 - 1:24pm | 579Read More...Billionaire investor Paul Singer thinks that "FOMO" has now trumped "WTHIT" — two acronyms he's used to describe the cryptocurrency market. What You Need To Know In a letter obtained by Business Insider, Singer, the founder of the $34-billion hedge fund Elliott...
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Sell In May And Go Away? Doing So With These Stocks Was A Mistake
Friday, September 1, 2017 - 11:09am | 378Read More...Investors who took the advice of the popular slogan "sell in May and go away" may now be wishing they can go back in time and hold on to their positions, especially those that belonged to a small handful of names that soared 50 percent since May, Bloomberg reported. The hottest S&P 500 stock...
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'Downtown' Josh Brown: 15 Things That Might Happen If The Market Loses 20%
Wednesday, May 10, 2017 - 7:36am | 522Read More..."Downtown" Josh Brown, CEO of Ritholtz Wealth Management and CNBC contributor, penned a commentary on what investors can expect to happen to stocks if the market tumbles 20 percent. The last time the S&P 500 index tumbled 20 percent from peak-to-trough happened in October 2011. More...
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25 Interesting Facts About Forbes' 25 Highest-Earning Hedge Fund Managers
Tuesday, March 28, 2017 - 3:17pm | 1379Read More...Forbes was out with its compilation of the 25 highest-earnings hedge fund managers and traders. In the same vein, Benzinga is presenting readers with interesting facts about the 25 successful hedge fund managers/traders. 1. James Simons Of Renaissance Technologies Corp. The flagship fund of...
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Paul Singer's Latest 13F Shows Big Changes In Apple, Western Digital
Tuesday, February 14, 2017 - 5:52pm | 240Read More...On Tuesday, hedge fund manager and philanthropist Paul Singer's Elliott Management Corporation filed its quarterly 13F with the SEC, which is a disclosure of the fund's assets as well as its stake in those companies. Comparing the filing to the fund's previous 13F shows an 122 percent...
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Argentina's Finance Secretary To Meet With Holdouts About Defaulted Bonds
Sunday, June 12, 2016 - 1:58pm | 256Read More...Argentina’s Finance Minister Alfonso Prat-Gay will attend and speak at an event organized by the Council of the Americas, in New York in late June. Finance Secretary Luis Caputo will also be at the Big Apple, but will tackle a different task, one that has been called a “mission of...
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Activist Heavyweights Form Lobbying Group
Thursday, May 19, 2016 - 8:55am | 399Read More...Major activist hedge funds have formed a lobbying group called Council for Investor Rights and Corporate Accountability (CIRCA) to promote shareholder activism across the country. The announcement comes as presidential candidates Hillary Clinton and Bernie Sanders have been voicing against activist...
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Paul Singer Says The Gold Rally Is Just Beginning
Wednesday, May 11, 2016 - 9:54am | 349Read More...Billionaire hedge fund manager Paul Singer bets big on gold due to global currency "debasing," but Goldman sees losses for the yellow metal, according to a report on Bloomberg. Bloomberg said gold for immediate delivery surged 16 percent in the first quarter, the biggest quarterly...
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Hedge Fund Vet Talks Singer's Qlik Involvement
Monday, March 7, 2016 - 3:07pm | 542Read More...Enterprise software firm Qlik Technologies Inc (NASDAQ: QLIK) has been targeted by veteran hedge fund manager Paul Singer's Elliott Management Corp. and the activist investor may push for a sale of the company. According to a regulatory filing last week, Elliott Management has bought 8.88...
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11 Activist Investors Who Have Shaped The Market
Tuesday, November 3, 2015 - 2:20pm | 1979Read More...There has been a heated debate on Wall Street as to whether activist investors are beneficial to both shareholders and companies. Over the past few years, activist investing has taken off, with several big name players pushing for change at some of the world's largest companies. While some argue...
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Exclusive: Elliott's Paul Singer Says Rumors Of Yahoo Position Are Not True
Thursday, August 13, 2015 - 3:16pm | 285Read More...Shares of Yahoo! Inc. (NASDAQ: YHOO) traded up over 5 percent near $36.50 on Thursday following rumors that Paul Singer's Elliott Associates had started a position in the company. In an email to Benzinga, Singer said rumors of the Yahoo position were not true. Shares have since fallen on...
