Contract drugmaker Catalent , which is being pushed to make changes to its board by Elliott Investment Management, had at least two other activist investors in its stock at the end of the second quarter, according to new regulatory filings.
, which is being pushed to make changes to its board by Elliott Investment Management, had at least two other activist investors in its stock at the end of the second quarter, according to new regulatory filings.
Corvex initiated a new position in Catalent, buying 5.7 million shares during the second quarter, while Sachem Head purchased 662,000 shares during the quarter, also a new position for the fund. Representatives for Corvex and Sachem Head declined to comment beyond the filings. The so-called 13-F filings detail what U.S. stocks investment managers own at the end of the quarter. The are made public with a delay and while backward looking, they are watched closely by investors for signs of possible trends.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Activist investor Elliott Investment Management dissolves stake in PayPalActivist investor Elliott Investment Management has dissolved its stake in payments giant PayPal , according to a filing with the U.S. Securities and Exchange Commission.
Read more »
Law Professors Blast SEC's Concept of Investment Contract in Amicus Brief – Bitcoin NewsSix professors of law from different US universities have filed an amicus brief backing Coinbase's position in its battle against the U.S. Securities and Exchange Commission (SEC).
Read more »
Law Professors Blast SEC's Concept of Investment Contract in Amicus BriefThe brief backing Coinbase's position concludes that 'an investment contract requires contractual undertakings to deliver future value reflecting the income, profits, or assets of a business.'
Read more »
Michael McDowell edges Chase Elliott at Indianapolis to clinch NASCAR playoff berthMichael McDowell clinched a NASCAR Cup Series playoff berth, adding a win at Indianapolis Motor Speedway on Sunday to his victory in the 2021 Daytona 500 with a dominant race on the road course.
Read more »
Michael McDowell holds off Chase Elliott for dominant win at the BrickyardMichael McDowell scored his second career victory on Sunday, leading a career-best 54 laps to clinch a spot in the 2023 NASCAR playoffs.
Read more »
Chase Elliott Comes Up Just Short at Brickyard; NASCAR Playoff Chances SlimMore NASCAR Notes: Elliott down to just two chances to make Playoffs; another amazing day for van Gisbergen.
Read more »