Sources: Elliott Management is financing a patent lawsuit by interactive-video company Eko, which it will take an equity stake in, against Quibi
Elliott, run by billionaire Paul Singer, will fund the suit by interactive-video company Eko and take an equity stake
Wall Street Journal
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Discussion
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@wsj
@wsj
on x
Breaking: Billionaire Paul Singer's Elliott Management is joining a high-stakes legal battle against streaming service Quibi, say people familiar with the situation https://www.wsj.com/...
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@raju
Raju Narisetti
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The @Quibi story just got very, very interesting https://www.wsj.com/...? via @wsj
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@sameer_singh17
Sameer Singh
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Never raise billions without testing the market. Magic Leap was Exhibit A. Quibi is Exhibit B. You just might step on landmines like this. https://twitter.com/...
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@benmullin
Ben Mullin
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NEW: Jeffrey Katzenberg's Quibi has a big new foe in the legal battle over its tech — billionaire investor Paul Singer's Elliott Management. https://www.wsj.com/... w/@asharma and @cdriebusch
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@benmullin
Ben Mullin
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How determined is Quibi's new legal foe? Elliott Management once waged a 15-year crusade against the country of Argentina...and won. https://www.wsj.com/...
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@joannastern
Joanna Stern
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A billionaire fight with vertical video at the center of it! https://twitter.com/...