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Hedge fund Elliott Management has big Dropbox stake - WSJ

U.S. hedge fund Elliott Management has taken a sizable stake in file-sharing service provider Dropbox Inc, the Wall Street Journal reported on Wednesday,… ....

Drew Houston , Akanksha Rana , Aditya Soni , Dropbox Inc , Elliott Management , Wall Street Journal , Chief Executive Officer Drew Houston , ஈர்த்தது ஹூஸ்டன் , எலியட் மேலாண்மை , சுவர் தெரு இதழ் , தலைமை நிர்வாகி அதிகாரி ஈர்த்தது ஹூஸ்டன் ,

Hedge fund Elliott Management has big Dropbox stake: Report

Hedge fund Elliott Management has big Dropbox stake: Report
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Hedge fund Elliott Management has big Dropbox stake: Report
The Dropbox app logo seen on a mobile phone in this illustration photo October 16, 2017. REUTERS/Thomas White/Illustration
03 Jun 2021 12:45AM
(Updated:
03 Jun 2021 12:58AM)
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NEW YORK: US hedge fund Elliott Management has taken a sizable stake in file-sharing service provider Dropbox Inc, the Wall Street Journal reported on Wednesday (Jun 2), citing people familiar with the matter.
Elliott has told Dropbox it is the company s largest shareholder after Chief Executive Officer Drew Houston, the report said. ....

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Hedge Fund and Insider Trading News: Russell Clark, Jason Karp, Viking Global Investors, Elliott Management, Mudrick Capital Management, UMH Properties, Inc (UMH), Titan Machinery Inc. (TITN), and More

Hedge Fund and Insider Trading News: Russell Clark, Jason Karp, Viking Global Investors, Elliott Management, Mudrick Capital Management, UMH Properties, Inc (UMH), Titan Machinery Inc. (TITN), and More
Elliott Management Corp. has taken a sizable stake in software company Dropbox Inc., the latest target for the activist hedge fund, according to people familiar with the matter. Elliott has told Dropbox it is the company’s largest shareholder after Chief Executive Officer Drew Houston, the people said. That suggests the hedge fund owns a stake of more than 10%, worth well over $800 million. The two sides have been in talks since earlier this year. ....

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