Deals
Elliott Takes Stake in Clarivate With Take-Private Wave Rising
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Elliott Investment Management disclosed a new stake in Clarivate Plc amid a wave of take-private transactions in the information services sector.
The Florida-based hedge fund said in a regulatory filing Monday that it owned a 1.5% stake in the company, without giving any other details about the nature of the investment. The stake is valued at about $94 million, although Elliott often bolsters its positions in companies that it invests in through derivatives.