Elliott, a hedge fund run by the billionaire Paul Singer, has persuaded the PulteGroup to add three new faces to its board. Pulte, a $7 billion home builder, will also cut investment in new land and buy back more shares.
PulteGroup Appoints John R. Peshkin, Scott F. Powers, and Joshua Gotbaum to ...
PR Newswire (press release)
PulteGroup Adds New Directors, Reports Upbeat Earnings
Wall Street Journal