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Activist Investor Elliott Acquires Major Stake In Johnson Controls: Report
Summary
Elliott Investment Management has reportedly acquired a substantial stake in Johnson Controls International, exceeding $1 billion, ranking it among the top ten investors in the company. Despite a 9.2% rise in Johnson Controls' shares over the past year, the company's performance lags behind industry peers.
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Read Full ArticleArticle published on May 20, 2024 by benzinga