Deals
Elliott Funds’ Flurry a ‘Harbinger’ of Activist New Year
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Activist investor Paul Singer has had a busy week.
His New York-based hedge funds Elliott Associates LP and Elliott Management Corp. established a floor price for a technology takeover, won board seats at another, persuaded an oil company to prepare to spin off its retail unit, and reaped a higher price for a European drug distributor -- all in two days.