One month into his new role and Pinterest CEO Bill Ready was given a rousing 20% ovation from Wall Street Monday after the former PayPal and Google executive told investors he planned to unlock and monetize the ailing social media company’s unique potential. In delivering...
Activist investor Elliott Management has reportedly taken an undisclosed stake in PayPal, The Wall Street Journal reported Tuesday (July 26) night, citing unnamed sources familiar with the matter. While Elliott did not respond to a request for comment from PYMNTS sent after normal business hours,...
Activist investor Elliott Management has accumulated a 9% stake in social media platform Pinterest and is reportedly in talks to further boost that position The Wall Street Journal reported Thursday (July 14), citing unnamed people familiar with the talks. According to the report, Elliott is...
Elliott Management, a hedge fund, will be investing in a special purpose acquisition company (SPAC), even as those have lost much of their appeal, a Financial Times report said Sunday (April 24). The SPACs, while once darlings, have recently not been doing well, leaving dealmakers...
August 02, 2022
In its Q2 results, PayPal announced its new CFO in Blake Jorgensen, and that Elliott Management had secured a $2 billion stake in the company, making it one of the bigger investors, a press release said Tuesday (Aug. 2). Jorgensen is replacing John Rainey as CFO. Rainey stepped down earlier in the year to be […]
July 26, 2022
Activist investor Elliott Management has reportedly taken an undisclosed stake in PayPal, The Wall Street Journal reported Tuesday (July 26) night, citing unnamed sources familiar with the matter. While Elliott...
July 14, 2022
Activist investor Elliott Management has accumulated a 9% stake in social media platform Pinterest and is reportedly in talks to further boost that position The Wall Street Journal reported Thursday...
April 24, 2022
Elliott Management, a hedge fund, will be investing in a special purpose acquisition company (SPAC), even as those have lost much of their appeal, a Financial Times report said Sunday...
