, Columnist
Maybe SoftBank’s Son Will Listen to Singer, If Not Sense
Elliott Management has built up a stake; now it’s time for the Japanese company to respond.
Masayoshi Son has not unlocked the value.
Photographer: Kazuhiro Nogi/AFP/Getty Images
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It may just take the likes of Paul Elliott Singer to make SoftBank Group Corp.’s Masayoshi Son adjust his approach.
Singer’s Elliott Management Corp. has taken a $2.5 billion stake in the Japanese company — that’s about 3% — with a view to bend Son’s ear, the Wall Street Journal reported Thursday. Elliott confirmed to Bloomberg Opinion that it invested in SoftBank and has engaged privately with its management.