From Southwest to BP, Elliott and other activists are shaking up companies again
Investors like billionaire Paul Singer have more money than ever to throw around, and they are making their presence felt on ...
Activist Investor Drives BP To Do ‘Fewer Things, With Higher Returns’
Under pressure from an activist investor and a sagging share price, the CEO of energy giant BP pledges to return his company ...
Southwest Airlines shakeup: Who is Elliott Investment Management, the activist investor who called for changes at the airline?
DALLAS — Southwest Airlines has announced a slate of major changes, from the first mass layoffs in the airline’s history to ...
Activist Elliott takes a stake in Aspen Technology and pushes back on an offer from Emerson
Elliott Investment Management has a $1.5 billion stake in Aspen Technology, and the activist disagrees with a tender offer ...
Activist investor Elliott nominates several candidates for Phillips 66's board of directors
In addition to nominating the directors, Elliott has submitted a proposal to declassify Phillips 66’s board, which would put ...
A year of Southwest turbulence: Financial woes, an activist investor and sweeping changes
Dallas-based Southwest Airlines announced plans to abandon its free checked bag policy Tuesday. After axing open seating and other perks in 2024, Southwest looks quite different from how it did a year ...
Phillips 66’s Brouhaha with Activist Investor Elliott Gets Testy
Mark E. Lashier, Phillips 66 chairman and CEO, said Elliott Investment Management’s proposals have devolved into a “series of ...
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Activist Elliott takes a stake in Aspen Technology and pushes back on an offer from Emerson
Business: Aspen Technology provides industrial software that focuses on helping customers in asset-intensive industries worldwide. Its software is used in performance engineering, modeling and ...