Elliott held over $1 billion worth of shares in the company. Elliott Management sold its shares in Hyundai Motor companies last year after it was thwarted in its campaign for …
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Hyundai and Elliott
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- Hyundai
Hyundai set for Elliott showdown as it declines $6.3 billion payout call
by SpeedLuxby SpeedLuxHyundai Motor on Tuesday declined demands by U.S. activist investor Elliott Management for a total 7 trillion won ($6.3 billion) dividend payout and new board members, complicating attempts to renovate …