1. Activist Investor Elliott Builds Stake in Swedish Match

    Activist Investor Elliott Builds Stake in Swedish Match

    (Bloomberg) -- Elliott Investment Management is building a stake in Swedish Match AB, the smokeless tobacco company that’s agreed to be taken over in a $16 billion deal, people familiar with the matter said. The US activist investor plans to oppose the transaction under its current terms, the people said, asking not to be identified discussing confidential information...

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