Elliott Management has built a stake of more than $2.5 billion in tech giant SoftBank, urging changes, say people familiar with the matter
Elliott Management Corp. has quietly built up a more than $2.5 billion stake in Japan’s SoftBank Group Corp. and is pushing the sprawling technology giant to make changes that would boost its share price, according to people familiar with the matter.
Founded by billionaire Paul Singer, New York-based Elliott is known as a formidable activist investor, often seeking to influence company management. SoftBank is one of Elliott’s largest bets, according to people familiar with the matter. At current prices, the investment would...
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