1. Activist Investor Elliott Management Takes a Stake in Toshiba

    Activist Investor Elliott Management Takes a Stake in Toshiba

    Hedge fund Elliott Management said it has built a stake in troubled Japanese industrial conglomerate Toshiba, which is undertaking a strategic review amid pressure from other shareholders. Elliott, one of the world’s most powerful activist investors, which oversees some $48 billion in assets, said in a statement to Reuters it is now a “significant” investor in Toshiba...

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