Hedge Fund Mogul Paul Singer Goes After $400B Worth of Companies
Paul Singer, the billionaire founder and president of Elliott Management, one of the world’s most formidable activist funds, recently made waves with major investments in Southwest Airlines, Texas Instruments, and SoftBank (SFTBF) Group, among others. With target companies having a combined market cap of $400 billion, Paul Singer’s strategic bets will surely send ripples through the market this summer.
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On Monday (June 10), Elliott Management revealed a $1.9 billion stake in Southwest Airlines, giving the hedge fund ownership of around 11 percent of the air carrier. Singer is........
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