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Elliott Management discloses stake in Travelport

Mar. 26, 2018 9:53 AM ETTravelport Worldwide Limited (TVPT) StockTVPTBy: Clark Schultz, SA News Editor
  • Travelport (TVPT +11.2%) soars after Elliott Management discloses a stake of 10.9% through different entities.
  • Elliott says Travelport is well positioned in the travel industry. The firm also believes that shares are undervalued and represent an attractive investment opportunity.
  • Elliott plans to engage in a dialogue with Travelport's board on "numerous operational and strategic opportunities to maximize shareholder value."
  • SEC Form 13G

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