Elliott wins Citgo share auction with $7 billion conditional offer
WEBSep 27, 2024 · HOUSTON (Reuters) -An affiliate of Elliott Investment Management on Friday was named the presumptive winner in a U.S. court auction of shares in a parent of oil refiner Citgo Petroleum with a...
Citgo share auction creditors oppose terms of Elliott-affiliate's bid
WEB3 days ago · An Elliott Investment Management affiliate on Friday was named the presumptive winner of the share auction with a bid that puts an up to $7.286 billion enterprise value on Venezuela-owned oil ...
Exxon Director Joins Elliott Group Seeking to Acquire Citgo …
WEBSep 28, 2024 · REUTERS/Go Nakamura/File Photo. HOUSTON (Reuters) - Exxon Mobil board director Gregory Goff recently joined a newly formed Elliott Investment Management-backed company seeking to acquire control ...
Elliott Sends Letter and Presentation to the Board of Southwest …
WEBWEST PALM BEACH, Fla., June 10, 2024 /PRNewswire/ -- Elliott Investment Management L.P. ("Elliott"), which manages funds that together have an investment of approximately $1.9 billion in...
Hedge fund Elliott Investment Management steps up pressure …
WEBSep 3, 2024 · DALLAS (AP) — Elliott Investment Management, a hedge fund urging Southwest Airlines to dump its CEO and chairman, said Tuesday it has acquired enough of the company’s stock to call a special meeting of shareholders.
An investment firm has taken a $1.9 billion ... - Associated Press News
WEBJun 10, 2024 · Activist shareholder Elliott Investment Management has taken a $1.9 billion stake in Southwest Airlines. The investment firm said Monday, June 10, 2024, that Southwest failed to keep up with other airlines and …
Elliott to call for Southwest special meeting 'as soon as next week'
WEBSep 24, 2024 · Elliott Management said Tuesday it will call a special meeting at Southwest Airlines “as soon as next week,” shortly after the company put forward a sweeping board shake-up that it hoped might ...
Southwest Air adopts ‘poison pill’ as activist investor Elliott takes ...
WEBJul 3, 2024 · Southwest Airlines has adopted a ‘poison pill’ following activist investor Elliott Investment Management taking a significant stake in the company. The airline said Wednesday that the shareholder rights plan is effective immediately and expires in a year.
Hedge Fund Elliott in Talks to Raise $7 Billion in New Cash
WEBNov 9, 2023 · Paul Singer’s Elliott Investment Management is in talks to mop up as much as $7 billion from clients in one of its biggest capital raises.
Activist investor Elliott calls for Southwest Airlines leadership ...
WEBJune 10 (Reuters) - Elliott Investment Management called for leadership and board changes at Southwest Airlines (LUV.N) after reporting a stake worth about $1.9 billion in the U.S. carrier,...