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Canyon Sets Sights on New Activist Target

So far investors seem unimpressed with the multistrategy fund’s activist position in plastic packaging maker Berry Global Group, however.

Credit-oriented multistrategy hedge fund firm Canyon Partners has launched its first activist campaign in nearly two years, pressing a maker of plastic packaging on ESG issues.Canyon disclosed it owns 7 percent of Berry Global Group. On Sunday Canyon sent a letter to the company’s senior management and the board of

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