Tag Archives: David Einhorn Civeo

Greenlight’s Einhorn Ups Stake In Civeo; Doesn’t Like What He ‘C’s

Last week, we wrote about the nosedive in Civeo (CVEO) shares following lousy guidance and the announcement that the company would redomicile in Canada as a C corp instead of pursuing REIT status. Although the logic seemed reasonable, the decision was somewhat surprising as the REIT conversion seemed to be viewed as a big value driver by large, activist shareholders such… Read More »