Hedge fund Elliott Management said to have built $3b stake in SoftBank

Hedge fund Elliott Management said to have built $3b stake in SoftBank

REUTERS/Issei Kato

Hedge fund Elliott Management Corp, one of the world’s most powerful activist investors, has amassed a nearly $3 billion stake in SoftBank Group Corp and is pushing for changes to boost the Japanese conglomerate’s value, sources said.

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