Day 1 on the
@twitter
board! Twitter is more important than ever in uniting our world and I’m excited to join the team at such a critical time. Hoping everyone stays healthy and safe!
.
@Pinterest
is a highly strategic business with significant potential for growth, and our conviction in the value-creation opportunity at Pinterest today has led us to become the company’s largest investor.
.
@salesforce
is one of the preeminent software companies in the world, and having followed them nearly two decades, we have developed a deep respect for
@Benioff
and what he has built.
.
@Twitter
is the leading global medium for real-time conversation and engagement, and our collaboration with
@jack
and the company for the past two years has been productive and effective.
We have considerable respect for
@Suncor
, its employees and its history as a pioneer and leader of the Canadian energy industry and broader economy. We believe that implementing our plan can reposition Suncor for a new era of industry leadership.
Having gotten to know both incoming Chairman
@btaylor
and incoming CEO
@paraga
, we are confident that they are the right leaders for
@Twitter
at this pivotal moment for the company.
.
@elliottmgmtcorp
believes that
@Nielsen
is significantly undervalued, & we have increased our stake in the Co to 13% given our conviction in the value opportunity. We have had collaborative engagement with
@Nielsen
the past 2 yrs, and today’s agreement allows us to further this.
As one of
@PayPal
's largest investors, with an approximately $2B investment, Elliott strongly believes in the value proposition at PayPal. PayPal has an unmatched and industry-leading footprint across its payments businesses and a right to win over the near- and long-term.
.
@Pinterest
sets itself apart from other platforms by offering a comprehensive solution that helps advertisers meet users across their inspiration-to-action product journey.
As the market-leading platform at the intersection of social media, search and commerce, Pinterest occupies a unique position in the advertising and shopping ecosystems, and CEO
@williamready
is the right leader to oversee Pinterest’s next phase of growth.
We commend Ben Silbermann and the Board on the leadership transition, and we look forward to continuing our collaborative work with
@8en
, Bill and the Board as they drive toward realizing Pinterest’s full potential.
.
@Elliottmgmtcorp
supports John Stankey as
@ATT
’s next CEO. We have been engaged w/ the co throughout the search process, which was a robust one, including a range of highly qualified outside candidates & overseen by independent directors. We look forward to working w/ John.
Yesterday’s announcement of Jamie as the new CEO of
@eBay
is a huge win for the Company. After conducting a rigorous search, the Board concluded that Jamie’s combination of experience and vision for eBay is uniquely compelling. Today, eBay has strong momentum in the business and
@Elliottinvmgmt
remains one of the company's largest shareholders, and I look forward to continuing to collaborate with
@Twitter
's management and Board as it executes on its vision. (4/4)
We have great respect for
@westerndigital
– its people and products are industry-leading. With the right strategic course correction, $WDC will be well positioned for its next decade of success.
We at
@Elliottinvmgmt
have long appreciated the mission-critical role that
@citrix
plays in keeping workforces connected. Having first invested in Citrix 6+ years ago, we have a deep understanding of its unique strengths and significant potential as a private company.
Today we announced an exciting new chapter for
@Citrix
. We will become a privately held company allowing us to accelerate our SaaS transformation, increase investment, and expand our platform for secure hybrid work.
.
@Elliottinvmgmt
strongly believes in the vision of Rob Roy & the
@Switch
team. Unique design philosophy and exascale data centers place them in a leading position to support the most mission critical applications for many of the largest global enterprise and cloud customers 1/2
Now
@nielsen
will begin to realize its significant value-creation potential as a pure-play, faster-growing and higher-margin media measurement business... at its Investor Day the management team will lay out its plan to drive increased strategic focus, growth and profitability.
.
@Twitter
is now executing against an ambitious multi-year plan to dramatically increase the company’s reach and value, and we look forward to the next chapter of
@Twitter
's story.
After months of deep market analysis, industry diligence and management reviews, we are firmly convinced that
@nielsen
will continue to be the gold standard for audience measurement as it executes on the Nielsen ONE roadmap.
It's been a transformational year at
@ATT
since John Stankey took over as CEO & today’s announcement represents another impressive step in their recent evolution.
@ATT
has now executed on its promise to streamline operations and re-focus on its core businesses 1/2
With its already strong foundation, healthy balance sheet and unique business model, we believe that
@Pinterest
has only scratched the surface of the company’s potential under
@williamready
.
.
@Elliottinvmgmt
applauds the
@Switch
Board's decision to convert to a REIT. Looking forward to learning more at their Analyst Day on November 15th. We remain enthusiastic about the long-term value creation opportunity at Switch.
established bold, multi-year performance goals, meaningfully accelerated its release of new products and monetization strategies, and intensified its focus on operational performance and shareholder value creation. (3/4)
Today's announcement highlights a number of steps that have been underway and are being initiated to help realize the significant value opp at the Co. We look forward to working w/ & supporting
@Dan_Schulman
, the Board, and the rest of the team as they execute on this opp.
Marc Steinberg’s appointment to the Board is a clear result of the strong partnership between
@Elliottinvmgmt
&
@Pinterest
and illustrates our shared commitment to shareholder value creation and
@Pinterest
’s future.
We look forward to partnering with
@Vista_Equity
and working closely with
@citrix
’s mgmt team and its talented employees to expand its capabilities and help drive its next phase of growth.
all while improving operational execution, enhancing its financial position and advancing its corporate governance. As investors,
@Elliottinvmgmt
supports
@ATT
in its efforts to best position the company for future success 2/2
We congratulate Rob Roy, Thomas Morton, Gabe Nacht and the entire
@Switch
team on this $11 billion transaction, which represents a valuation multiple that places Switch at the top of the data center industry.
Despite best-in-class operational metrics, including renewable energy sourcing and power efficiency,
@Switch
remains undervalued. We look forward to working with them on these initiatives to compound long-term value for shareholders 2/2
Today marks a milestone for
@Elliottinvmgmt
and Evergreen as we welcome Hellman & Friedman, and
@BCPrivateEquity
, to the stewardship of an excellent business,
@athenahealth
. Working with & helping to transform athena has been highly rewarding.
Over the past year, thanks to the hard work of
@Twitter
's management team and Board,
@Twitter
has improved operational execution, strengthened the Board's governance, initiated a share repurchase program, (2/4)
Today we're excited to announce Tom Krause will be the CEO of the combined
@Citrix
and
@TIBCO
upon closing. We are strong believers in the global platform this combination will create, and Tom is unequivocally the right leader to take the company forward.
@Citrix
has been a terrific long-term investment for
@elliottmgmtcorp
, and I'm proud to have served as a member of the board during this phase of the company's growth and transformation. 1/2
is executing well. Over the past year, eBay has realized full value for Stubhub and is in process of exploring value-maximizing options for its Classifieds division, all while expanding profitability and accelerating capital return. It has been a busy year, and we are on track
Relative to when it was publicly traded, athena today is growing & innovating faster, employing more employees, offering a much wider array of tech solutions to customers & is substantially more valuable. We are grateful to have been a part of the
@athenahealth
transformation.
We are proud to have worked with athena’s dedicated team, & there is no better partner than Veritas Capital. On behalf of Elliott and Evergreen, we thank
@athenahealth
for this unique opportunity & look forward to remaining investors & watching the next stage of athena’s success.
This terrific outcome was only made possible by more than two decades of industry leadership, marked by Rob’s differentiated approach to data center design and innovation. We are confident in Switch’s future success as a private co, in partnership with the team at
@DBRG_Group
.
I want to thank
@DavidJHenshall
and his team, my fellow directors on the board, and all of
@Citrix
's talented employees for making these past five years such a positive and collaborative experience, and I look forward to the company's continued success. 2/2
Having first invested nearly four years ago, we have a unique appreciation for the Co’s ongoing relevance to the global, digital-first media ecosystem. Today’s outcome represents a significant win for
@Nielsen
’s shareholders and for the business itself,
as our multibillion-dollar investment will help
@nielsen
reinforce its transformation at this critical inflection point. We are pleased to partner with
@davidwkenny
and the existing management team to lead Nielsen after the transaction is completed.
Our participation follows our previous offer to provide strategic resources and additional capital to help the company realize the full value of both its HDD and Flash businesses.
We are strong believers in
@westerndigital
's compelling growth opportunity, and we look forward to continuing our support for
@DavidGoeckeler
and his management team’s execution, strategic vision and focus on shareholder value.