Elliott Investment Management Takes Control of Norwegian Cruise Line's Board
Elliott Investment Management has taken control of Norwegian Cruise Line's board by securing a majority of seats, aiming to drive revenue growth and improve profitability. The activist firm holds a more than 10% stake in the company, which has underperformed relative to the S&P 500 over the past five years.
Tickers: $NCLH
Topics: activist investors board changes corporate governance Norwegian Cruise Line