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Hedge Funds Headlines

Activist investor Elliott buys UK bookshop chain Waterstones

British bookshop chain Waterstones is to be acquired by Elliott Advisers, the U.S. activist hedge fund which has made its presence felt in the UK's corporate world recently by helping force the demerger of Costa Coffee amongst other shake ups.

Elliott adds voice to calls for Whitbread break-up

Hedge fund Elliott Advisors has become the second activist investor to call for Whitbread to split its hotel and coffee shop businesses after emerging as the largest shareholder in the British company.