Elliott is reported to have become a major investor in the software company CCC.

Elliott Investment Management Company has accumulated a large stake in CCC Information Services Group, a potential target for sale. At present, the size of Elliott's investment has not been disclosed, and negotiations with CCC are still in the early stages, with no certainty as to whether a sale will be reached. CCC primarily deals in software for the auto insurance industry, assisting in processing claims and vehicle repair-related businesses. Its stock price rose 10% in Friday's trading in New York, closing at $5.92.