Activist investor Elliott Management has taken a $2.5 billion stake in Texas Instruments ($TXN). The hedge fund, as reported by CNBC, is urging the company to improve its free cash flow. This move is seen as part of Elliott's broader strategy to enhance shareholder value through active engagement with the companies it invests in.
*ACTIVIST ELLIOTT TAKES $2.5B STAKE IN TEXAS INSTRUMENTS: CNBC
Activist Elliott Takes $2.5 Billion Stake In Texas Instruments, Urges Company To Improve Free Cash Flow - @CNBC https://t.co/MOukTr7gvG
$TXN - Elliott Mgt has made a $2.5B investment in Texas Instruments.
$TXN - Elliott <gt has made a $2.5B investment in Texas Instruments.
$TXN 'Activist Elliott takes $2.5 billion stake in Texas Instruments, urges company to improve free cash flow' - CNBC
๐ฃ JUST IN: Activist Elliott Takes $2.5B Stake in $TXN Texas Instruments, Urges Better Cash Flow Management ๐ Key Highlights: ๐ Elliott invests $2.5 billion in Texas Instruments (TI). ๐ Hedge fund urges TI to improve free cash flow. ๐ Elliott proposes a "dynamicโฆ https://t.co/Y0OhPFkAff
$TXN Activist Elliott takes $2.5 billion stake in Texas Instruments, urges company to improve free cash flow https://t.co/uCB0LuEeFH
$TXN | Elliott Management has acquired a $2.5 billion stake in Texas Instruments and is urging the company to improve its free cash flow.
Activist Elliott takes $2.5 billion stake in Texas Instruments, urges company to improve free cash flow $TXN
Activist Investor Elliott Management takes $2.5 Billion stake in Texas Instruments $TNX, urges company to improve free cash flow - CNBC