ACTIVIST INVESTOR ELLIOTT MANAGEMENT HAS BUILT A MORE THAN $2.5 BILLION STAKE IN SOFTBANK, THE CONGLOMERATE BEHIND WEWORK

Reuters/ Steve Marcus Elliott Management Corp, run by Singer/' title='Paul Singer News'>Paul Singer, has built a more than $2.5 billion stake in SoftBank Group, The Wall Street Journal reported Thursday.  The activist investor will push the Japanese technology giant to make changes to its corporate governance that could boost its share price, according to the report. SoftBank stock became appealing to Elliott after the WeWork failed initial public offering process, acco...

BusinessInsider (Date:02/07/2020 14:32) Read full article >>

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