The New York-based hedge fund, run by Scott Ferguson, said in a regulatory filing the Greenfield, Indiana headquartered company’s stock is “undervalued” and an “attractive investment.”
The hedge fund intends to speak with Elanco management and sees opportunities to boost sales and improve margins, a person familiar with Sachem Head’s plan said.
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Source: CNBC - 🏆 12. / 72 Read more »