Elliot is going to try to drive up quarterly numbers and try to drive the stock price, then exit. They don’t care that they’ll leave a smoking ruin in their wake, they’ll have their money and move on to the next company to destroy.
The GE model - enrich the execs and the lenders, leave the investors and employees holding the bag.
Who owns Elliot? I think these hedge funds should be outlawed and/or broken up..