Global Payments Stock Climbs After Elliot Management Takes Stake

Global Payments, Inc. GPN are trading higher in Tuesday's extended sessions after the Financial Times reported that activist hedge fund Elliott Management acquired a significant position in the company. The Details: Elliot's demands and size of the fund's stake could not be determined, according to the Financial Times. Read Next: Rare Earth Royalty: Meet The Power Players Shaping The IndustryNews of the stake comes as Global Payments seeks to regain investor confidence following its $24.2 billion purchase o ...