When Paul Singer’s Elliott Management makes an investment, it usually means a company, or in certain cases, a country, is in really bad shape. The $76 billion hedge fund is best known for its distressed investments in Argentina’s bonds, resulting in a 15-year legal battle and leading the country to default on its debt. It waged war against Procter & Gamble in the early 2000s over their attempt to takeover the German shampoo company Wella. It took control of the Italian soccer club AC Milan after the previous owner defaulted on its debt. But the firm’s most recent buy may […]
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