French Gov't CTM0001 Falcon7X and CTM0002 Falcon 900 departed Berlin sw and on descent for Paris with French Gov't CTM1101 Airbus A310 on ground at CDG
Post 9791385 • View on 8kun
Post 9791764 • View on 8kun
Up out of John Wayne Airport. Yeah, I said it. We have a BOMBARDIER INC BD-700-1A10, tail number N122BN, that does not wish to be tracked. The trail leads back to Elliot Management via Barnes and Noble. Holy cow! These guys are scumbags!
N122BN - TRFO LLC (NEW YORK NY)
This aircraft (N122BN) is not available for public tracking per request from the owner/operator.
N122BN Aircraft Registration
Summary BOMBARDIER INC BD-700-1A10
Fixed wing multi engine
(23 seats / 2 engines)
Owner TRFO LLC
NEW YORK , NY, US
TRFO, LLC BRANCH
22 February 2019 (over 1 year ago)
FOREIGN LIMITED LIABILITY COMPANY
New York (US)
Branch of out-of-jurisdiction company
122 FIFTH AVE, 10TH FLOOR
Barnes & Noble Booksellers at 122 FIFTH AV 10TH FLOOR NEW YORK NY 10011 USA. Find their customers, contact information, and details on 24 shipments.
Barnes & Noble
From Wikipedia, the free encyclopedia
Owner Elliott Management Corporation
Elliott Management Corporation
From Wikipedia, the free encyclopedia
Elliott Management Corporation is an American investment management firm. It is also one of the largest activist funds in the world.
It is the management affiliate of American hedge funds Elliott Associates L.P. and Elliott International Limited. The Elliott Corporation was founded by Paul Singer, who is CEO of the management company, based in New York City. As of the first quarter of 2015, Elliott's portfolio is worth over $8 billion. By 2009 "more than one-third of Elliott’s portfolio was concentrated in distressed securities, typically in the debt of bankrupt or near-bankrupt companies." Elliott has widely been described as a vulture fund.
4.1 Early activities
4.3 Wella AG
4.9 Hess Corporation
4.10 Sanko Steamship
4.11 Interpublic Group
4.12 Pernod Ricard
4.14 Solar projects in UK
4.16 CDK Global LLC
4.17 Telecom Italia
4.24 JW Marriott Desert Ridge Resort & Spa
4.25 Energy Future Holdings
4.26 Mentor Graphics Corp.
4.27 NXP Semiconductors NV
4.28 Oncor Electric Delivery
4.29 Akzo Nobel
4.31 A.C. Milan
4.32 Barnes & Noble
4.33 Softbank Group
4.34 Time Equities
4.35 Sovereign debt
Post 9791853 • View on 8kun
from June 14th
Hedge fund Elliott Management shifts to elephant hunting as fund size balloons
Until fairly recently, activist hedge fund Elliott Management's core technology investing strategy was pretty straightforward: Target a smallish company known for selling software to businesses, agitate for a sale sometimes by offering to buy the company and profit when a buyer came along. Some of the targets were well-known within particular tech sector niches, like BMC, Novell and Informatica, but none were giants or household names.
Elliott, founded by billionaire Paul Singer, notched sale after sale, reaping gains from the associated premiums on the acquisitions.
Its track record gave Singer a reputation among CEOs and board members as the world's most feared investor. Former AthenaHealth CEO Jonathan Bush, whose company was targeted by Elliott in 2017, described doing research on Elliott as 'Googling this thing on your arm and it says, 'You're going to die.'" The New Yorker called Singer a "Doomsday Investor," highlighting a series of unflattering tactics taken by one of Singer's top lieutenants, Jesse Cohn, to oust Bush from his role.
But in the past few years, a gradual but noticeable transformation has taken place at Elliott: The technology targets have gotten bigger. In 2019, Elliott bought stakes in eBay ($34 billion market capitalization), SAP ($159 billion) and AT&T ($217 billion market cap). This year, Elliott has already ($26 billion market cap) and SoftBank ($93 billion).
The change was driven at least in part by Elliott's growth. The fund's assets under management this year are about $42 billion – doubling from 2012, including a $5 billion raise in 24 hours in 2017. The smaller transactions no longer move the needle like they once did.
Finding suitable software targets has also become more difficult as multiples have expanded, companies have consolidated, and management has become more sophisticated. Elliott continues to look at some midsize enterprise software companies, including Instructure, which sold to private equity firm Thoma Bravo in a deal that closed last month for about $2 billion, according to people familiar with the matter. But the firm hasn't acted, believing targets to be fully valued.
The bigger targets have required the firm to adjust its tactics. Elliott has had to be more collaborative, working with companies that have no obvious buyers given their size.
Cohn, who has led most of Elliott's technology transactions, now sits on the boards of both eBay and Twitter. Rather than agitating for public change, he has worked in tandem with management at both companies – a tactic used by activist fund ValueAct, which earned a reputation as being "friendly" after taking a stake at Microsoft in 2013, months before CEO Steve Ballmer stepped down. (ValueAct and Microsoft both denied that the firm played a part in ousting Ballmer, but the firm's investment is credited with drawing new attention to the company's stagnant stock price and strategic missteps under Ballmer's tenure.)