Activist junkies, find the latest news and stories on activist investing below. Tip us off at @activiststocks or email, and signup for our daily newsletter.
News:
- Elliott Management has taken a 7.5% stake in Axis, which is a Sweden-based surveillance camera maker. The idea being that Paul Singer’s fund will push Canon to up its offer for the company.
- Crovex Management upped its Signet Jewelers stake to 7.2% — a less than 5% in shares owned. But the bigger news is that the fund is supporting Signet’s recent plans to buy back $100M to $150M in stock, while also upping its dividend. Shares of Signet are up 83% since Corvex went active on the name in Jan. 2014.
- Engaged Capital...
Login required to continue reading.
Setup a free account to get access to this article (no credit card required).
View Full ArticleAlready a member? Log in here
