Activist Investor Elliott Demands More For Stada Stake
By Matthew Perlman ( August 31, 2017, 4:15 PM EDT) -- Activist investor Elliott Management Corp. said Thursday that it would not support a bid by Bain Capital and Cinven to tighten their hold on German pharmaceutical company Stada Arzneimittel AG unless they agree to pay more per share then they did in their €4.12 billion ($4.8 billion) takeover....
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