Elliott Management amasses $2.5B stake in bruised SoftBank

Hedge fund activist Paul Singer has a new target in his crosshairs: the massive investment firm behind WeWork’s bungled stock debut. Singer’s Elliott Management said it’s amassed a $2.5 billion stake in SoftBank, the Tokyo-based private equity firm that famously backed WeWork’s hard-partying CEO Adam Neumann ahead of the office rental company’s IPO flop in… Continue reading at New York Post