Cubic to be taken private for $2.2 billion by Veritas, Elliott

Cubic to be taken private for $2.2 billion by Veritas, Elliott

Cubic Corp has agreed to be bought by private equity firm Veritas Capital and U.S. investment fund Elliott Management in a deal valued at about $2.2 billion, the defense and transportation technology firm said on Monday. The company had adopted a poison pill last...
Elliott management looks to raise more than $1 bln for a SPAC

Elliott management looks to raise more than $1 bln for a SPAC

Hedge fund Elliot Management has been meeting with bankers to raise about more than $1 billion for a special purpose acquisition company (SPAC) according to people familiar with the matter. The process is at an early stage and plans could change, the report added....