The Special Situations Report Elliott Management's Activist Campaigns - The Special Situations Report Episode #5
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Feb 10, 2025 Dive into the world of merger arbitrage and insider buying as the hosts unveil the significant influence of Elliott Management on companies like Honeywell and SolarWinds. They dissect the proposed spinoffs and analyze insider investments in volatile stocks such as Children's Place. With a keen eye on C-suite transitions, they discuss leadership dynamics at Match Group and Oscar Health. Through the lens of event-driven investing, this exploration reveals the intricacies of corporate maneuvers and market strategies.
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Elliott Management's Activism on Aspen Technology Deal
- Elliott Management is pushing for a higher price on Emerson's acquisition of Aspen Technology.
- They believe the $265 per share price undervalues Aspen, causing the deal spread to turn negative.
SolarWinds Acquisition Despite Past Security Breach
- SolarWinds was acquired for $4.4 billion despite a past security breach.
- The acquisition price, while including a premium, is still below pre-breach levels, unlike CrowdStrike.
Triumph Motorcycles Turnaround Story
- While discussing Triumph Group, Asif Suria recalled the story of Triumph Motorcycles.
- British billionaire John Bloor bought Triumph Motorcycles out of bankruptcy and revived the brand.