(Bloomberg) Elliott Management Corp. had built a position in Allergan Plc and was pushing to split the company before AbbVie Inc. agreed to acquire it for $63 billion, according to people familiar with the matter. The hedge fund, run by billionaire Paul Singer, supports the AbbVie takeover, said the people, who asked to not be identified because the matter isn’t public.
Elliott Management Advocated for an Allergan Split Prior to Sale
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