(Reuters) Hedge fund Glenview Capital Management on Friday said it now owns 5.6 percent of Newell Brands Inc, announcing its increased stake just days after the maker of Sharpie markers and Elmer’s Glue handed activist investor Carl Icahn board seats.Glenview, an $11 billion firm run by Larry Robbins, said in a regulatory filing it owns 26.9 million shares in Newell, up from 17 million shares owned at the end of 2017. Robbins likes to call himself a “suggestivist” investor instead of an activist, preferring behind-the-scenes talks to issuing public demands. A spokesman for Robbins did not respond to a request for comment.
Hedge Fund Glenview ups Stake in Sharpie Maker Newell Brands
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