Norwegian Cruise Line Overhaul? Activist Investor Wants Big Changes
Consider the seas choppy when it comes to a major investor in Norwegian Cruise Line.
Elliott Investment Management is turning up the heat on Norwegian Cruise Line Holdings after disclosing a more than 10% stake in the company and publishing a sweeping 59-page indictment of its leadership, strategy and governance.
The campaign, launched Monday under the banner “Norwegian Now,” lays out a detailed case that the cruise line has squandered a decade of industry tailwinds — and that its stock, hovering around $21 per share at the release of the report, could reach $56 with the right fixes in place.
Full story Norwegian Cruise Line Overhaul? Activist Investor Wants Big Changes
