The Latest Breaking News from Elliott

WDC stock jumped as Elliott Investment Management said it offered Western Digital $1 billion to spin off its flash memory-chip business.

Western Digital Corp (NASDAQ: WDC) shares are trading higher Tuesday after Elliott Investment Management sent a letter to Western Digital's board, calling for a full strategic review of the value that could be created by separating its flash unit.

A sizable chunk of consumers’ credit has gone missing but just how much is not yet clear

Company becomes first UK housebuilder to appoint female chief executive

Citrix Systems Inc (NASDAQ:CTXS) reported fourth-quarter FY21 revenue growth of 5% year-on-year to $851 million. The non-GAAP net income was $186 million versus $183 million last year. Citrix reported a non-GAAP EPS of $1.47. Vista Equity Partners and Evergreen Coast Capital affiliates agreed to acquire Citrix in an all-cash transaction valued at $16.5 billion, including…

Elliott Investment Management and Vista Equity Partners are in advanced talks to buy software-maker Citrix Systems Inc (NASDAQ:CTXS), Bloomberg reported recently. Elliott and Vista have tapped banks to finance their offer. Related Content: Why Are Citrix Shares Trading Higher Tuesday Premarket? Vista is still considering using its portfolio company Tibco as part of the…