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Exclusive | Activist Elliott Builds Big Stake in Norwegian Cruise Line
Activist Elliott Investment Management has built a more than 10% stake in Norwegian Cruise Line NCLH 0.02%increase; green up pointing triangle and plans to push for changes to turn the struggling cruise-ship operator around.
The details
Elliott, now one of Norwegian’s top investors, outlined its plans in a letter and presentation to the company Tuesday. The plans were first reported by The Wall Street Journal.
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