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Elliott builds $1.5 billion stake in Aspen
Elliott Stake in Aspen Tech Fuels Traders’ Bets on Higher Takeover Offer
Merger-arbitrage traders are piling into bets that the emergence of Elliott Investment Management as an investor in Aspen Technology Inc. will result in a higher buyout bid from the company’s majority holder Emerson Electric Co.
Elliott Disagrees With Emerson's Offer For Aspen, Says Highly Opportunistic
Elliott Investment Management L.P., Friday opposed Aspen Technology, Inc.'s (AZPN) agreement with Emerson Electric Co. (EMR) and said
Elliott builds $1.5 billion stake in Aspen, opposes Emerson deal
Activist investor Elliott Management said on Friday it has invested more than $1.5 billion in Aspen Technology, opposing the company's decision to accept Emerson Electric's $7.2 billion tender offer.
8h
Elliott Investment completes acquisition of American Greetings stake — plus 4 more M&A deals to know
American Greetings, the second-largest U.S. greeting card company, has a new majority owner. Learn about other Northeast Ohio M&A deals this week.
2d
Krispy Kreme owner JAB to buy Elliott-backed insurer Prosperity Life
JAB Holding, the investment group behind Krispy Kreme, Pret A Manger and Coty, has struck its maiden US life insurance deal, buying a firm owned by hedge fund Elliott Management as part of a push into ...
CCN on MSN
7d
Hedge fund Elliott Sounds Alarm Over Dollar Marginalization, Predicts Crypto Market Downfall
Elliott Management warns that the Trump administration’s backing of cryptocurrencies is driving a speculative bubble. The ...
7d
on MSN
Activist investor Elliott Management says crypto is facing an ’inevitable collapse’ after its ‘perceived proximity to the White House’ inflated a bubble
The legendary activist firm warned that crypto is leading a market frenzy that has investors “acting like a crowd of sports ...
8d
Hedge fund Elliott warns White House is inflating crypto bubble that ‘could wreak havoc’
The Trump administration’s embrace of cryptocurrencies is helping fuel a speculative mania that could cause “havoc” when ...
Morningstar
4d
ELLIOTT INVESTMENT MANAGEMENT CLOSES ACQUISITION OF MAJORITY INTEREST IN AMERICAN GREETINGS
CLEVELAND, Feb. 3, 2025 /PRNewswire/ --
Elliott
Investment
Management
L.P. (
Elliott
), Clayton, Dubilier & Rice (CD&R), and American Greetings Corporation today announced the successful ...
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