- 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