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At Athenahealth, Elliott’s Gain is Greenlight’s Nightmare

Athenahealth’s announcement this week boosted Elliott Management’s long position in the healthcare software company.

  • By Stephen Taub

      Paul Singer, founder and president of Elliott Management Corp. (photo credit: Misha Friedman/Bloomberg).  This is not exactly a Bill Ackman vs. Carl Icahn battle. But Athenahealth’s announcement Tuesday about $100 million in cost-savings opportunities to increase profitability boosted its stock in what amounted to a partial victory for Paul Singer’s Elliott

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