Rocket Internet surges after Elliot Management takes 15% stake, complicating its plans to go private

FILE PHOTO: FILE PHOTO: Paul Singer, founder and president of Elliott Management Corp
ReutersRocket Internet surged on Tuesday after it was revealed that activist investor Elliott Management, led by Paul Singer, took a 15.1% stake in the German-based tech startup incubator.The recent position by Elliott could complicate Rocket Internet's previously announced plans to delist from the exchange and go private after struggling to recreate some of its earlier successes.Shares of Rocket Internet jump