Elliott has built a stake in Global Payments. How the activist can help the company lift its share price
1. Elliott Investment Management has taken a position in Global Payments. 2. Global Payments is facing investor skepticism over its acquisition of Worldpay. 3. Shares dropped 17% post-announcement of the acquisition due to overvaluation concerns. 4. Management's ability to realize proposed synergies for Worldpay remains in doubt. 5. Activist involvement may restore investor confidence and improve management accountability.