#hedgefund

Would elliott management push for more latoffs?
The stock is down after results,

Martha is playing with Medtronic’s core businesses that have paid the light bill for decades.

I believe he is turning MDT into a venture capital fund, selling off BUs because they don’t meet his +50% groth rate just to use the fresh capital for M&A of long shot small start ups that will require intense capital to get them off the ground.

Wouldn’t be surprised if he dipped into the pension fund.

Remember to vote- combine voices will be heard

I get the argument that hedge funds have a bigger voice

L3Harris is dead. The point of the L3+Harris merger and any goal has fully blown up, and all executive leadership and a lot more has turned over multiple times. There's no one left in upper mgmt who knows what actually works, and especially no one left who respects the scientists and engineers who made it happen. All history has been thrown away, to transform the company into a cash extraction hedge fund.

If you're hanging on to the way things were, it's long gone. If you're waiting for things to improve, best hope for a quick divestiture to a buyer that's not another hedge fund.

Don't dismiss why Jana Partners is taking a position.

1. Speed - let's be honest, Fiserv has become a slow company from a client view.
2. Growth - you can't cut your way to prosperity, growth requires prioritization, focus and execution. Sadly every thing at Fiserv is a priority therefore nothing is. Best example is Toast - unheard of five years ago, today completely pushed Clover out of restaurants.
3. Too much expensive management who seems themselves as the center of the universe vs the inverter pyramid where the people who do the work are at the top of the pyramid.
4. Arrogance - you can't treat investor, clients and employees the way you are and think all will be well.

Please come talk to me. I’ve read your assessment and you were spot on. Amazing that someone from the outside could be that accurate of the needs of a company revitalizing. #1 opportunity was franchise and you were 💯% correct and to settle for anything else is a true loss. Didn’t think it was in your nature to lose! It’s not too late. Huge investment on the line, I would ether pull out or get what you came for$$$$$.

Buckle up Pepsico for a bumpy ride.

https://www.wsj.com/business/deals/pepsico-nears-settlement-with-activist-investor-elliott-dbda9a2a

Elliott made a play at $1.2 billion new debt at over 10% interest nielsen has to pay. New debt mean more ways to cut cost to show profit. Sign Elliott is ready to cash out and move on. When do we think the IPO will be?