elliott management

Business / Corporate Mar 13, 2020

SoftBank plans ¥500 billion share buyback as advocated by activist investor

SoftBank Group Corp. plans to spend up to ¥500 billion ($4.8 billion) buying back as much as 7 percent of its shares, taking a step advocated by activist investor Elliott Management Corp. to boost stockholder value. The repurchases will run from March 16 of this ...

Business / Corporate Feb 13, 2020

SoftBank chief welcomes activist investor Singer as Vision Fund logs loss

SoftBank Group Corp. founder Masayoshi Son opened the door to making at least some of the changes championed by activist investor Paul Singer, after the company reported a second quarter of losses from its startup investing. Son called Singer's Elliott Management Corp. an "important partner" ...

Business / Corporate Oct 29, 2019

AT&T to sell off $10 billion of businesses, pay off Time purchase debt as it confronts activist investor

AT&T Inc. on Monday unveiled a three-year strategic plan that included selling up to $10 billion worth of businesses next year, paying off all its debt from the purchase of Time Warner and adding two new board members, bowing to pressure from activist investor ...

Business / Corporate Sep 10, 2019

Activist investor Elliott questions AT&T takeover of Time Warner as Trump calls for changes at CNN

Activist investor Elliott Management Corp. on Monday questioned AT&T Inc.'s $85 billion takeover of Time Warner and called for the wireless carrier to sell noncore businesses to boost its stock price, driving its shares their highest in a year. Billionaire Paul Singer's hedge fund, which ...