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Elliott 'Accused' Of Receiving Higher Price Than Other Investors

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Mark Melin
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In an unusual twist on the activist investing playbook, Paul Singer's Elliott Management was able to talk its way into receiving a higher price for a bonds than other bondholders in a company that was the subject of takeover battle. Problem is, this may have violated German law.

Elliott 'Accused' Of Receiving Higher Price Than Other Investors

Elliott accused of receiving higher price in takeover battle than other investors

The Wall Street Journal is reporting that when drug marketer McKesson Corporation (NYSE:MCK) purchased German competitor...

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.