1. Starboard Takes Elanco Stake, Nominates Three to Its Board

    Starboard Takes Elanco Stake, Nominates Three to Its Board

    Activist investor Starboard Value LP has taken a stake in Elanco Animal Health Inc. and nominated three directors to the company's board, according to people familiar with the matter. Elanco, which makes vaccines and treatments for pets and livestock, has a market value of about $15 billion...

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