Texas Instruments CEO signals alignment with activist Elliott's proposals
TXNTI(TXN) CNBC·2024-05-31 02:17

Texas Instruments CEO Haviv Ilan signaled on Thursday that the semiconductor giant would be open to a "constructive dialogue" with activist investor Elliott, and pointed to fresh financial metrics that aligned with the hedge fund's proposals from earlier this week."We definitely look forward to engaging in a constructive dialogue with Elliott," Ilan said at AllianceBernstein's Strategic Decisions conference, marking his first public remarks since the activist revealed a $2.5 billion position in the company. ...