Elliott Associates

  • The Future Of Samsung Could Rest On A Single Vote Tomorrow

    The Future Of Samsung Could Rest On A Single Vote Tomorrow

    These are trying times for Samsung Electronics, the largest Korean company by market cap and one of the largest technology companies in the world. The once high-flying smartphone maker has hit several road blocks over the past two years, including greater competition from Chinese Android manufacturers that has led to declining profits for several quarters straight. If business challenges… Read More

  • Novell Rejects Hedge Fund's Offer To Take The Company Private For $2 Billion

    New York-based hedge fund Elliott Associates L.P. in a letter to Novell‘s board of directors dated March 2 offered to purchase the infrastructure software company for a cash price of $5.75 per share, or $1 billion net of the cash on the company’s books. Elliott Associates at the time said it already owned 8.5 percent of Novell and wanted to take the company private for $2… Read More