1. Elliott Management

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    2. Elliott Builds PayPal Stake Seeking to Speed Cost Cuts

      Elliott Builds PayPal Stake Seeking to Speed Cost Cuts
      (Bloomberg) -- Elliott Investment Management is building a stake in PayPal Holdings Inc., the payments giant that has been firing staff and closing offices to cut expenses. Elliott plans to push for PayPal to speed those cost-reduction efforts, according to people familiar with the matter. The activist investor may ultimately become one of the companys five-largest shareholders, the people said, asking not to be identified discussing confidential information...
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  2. Quotes about Elliott Management

    1. We do not believe the positions set forth in Elliott Management's letter are representative of the positions of all of our shareholders.
      In Facing Pressure, Athenahealth Board Continues to Mull Sale
    2. We agree with Elliott Management that there is upside to our valuation, which we are addressing with the value-creating actions we announced last month, but we disagree with their letter and presentation.
      In Elliott Unveils Marathon Petroleum Stake, Urges Breakup