PERSPECTA

News from every angle

← Back to headlines

Activist Elliott Builds Big Stake in Synopsys, Confirms Multibillion-Dollar Investment

Activist investor Elliott Management has built a significant multibillion-dollar stake in chip-design software maker Synopsys, with the Wall Street Journal providing exclusive details, leading to a rally in the company's shares and signaling plans for engagement.

23 Mar, 14:31 — 23 Mar, 14:31
PostShare

Sources

Showing 1 of 6 sources
cnbcMostly Factual155d ago

Synopsys shares rally as activist Elliott builds multibillion-dollar stake in chip design firm

Elliott did not disclose the exact value of its investment, but described Synopsys as "essential to the global chip industry."

Read full article →

Coverage Timeline

First report: wsj · 22 Mar, 22:06Full coverage: 6 · 16hWindow: 16h
Left-leaningCenterRight-leaning
wsj22 Mar, 22:06First to report

Exclusive | Activist Elliott Builds Big Stake in Chip-Design Software Maker Synopsys - WSJ

1h later
Reuters22 Mar, 23:19

Activist Elliott takes multibillion-dollar stake in Synopsys, WSJ reports - Reuters

bloomberg23 Mar, 00:10

Elliott Is Said to Take Multibillion-Dollar Stake in Synopsys - Bloomberg

2h later
seeking-alpha23 Mar, 02:07

Elliott takes multibillion-dollar stake in Synopsys - WSJ

11h later
Yahoo23 Mar, 13:02

Elliott Investment Management takes multibillion-dollar stake in Synopsys, plans engagement

1h later
cnbc23 Mar, 14:31Latest update

Synopsys shares rally as activist Elliott builds multibillion-dollar stake in chip design firm

Related Stories

J.M. Smucker Beats First Quarter Earnings Estimates and Raises Full-Year Outlook

35m ago

StepStone Group Closes $1.7 Billion Infrastructure Secondaries Fund

55m ago

Swiss Foundation Inherited $49 Billion Fortune From Heirless Shipping Magnate

4h ago

Bessent Faces Market Skepticism as Bond Moves Defy Strategy

4h ago