{"id":56077,"date":"2017-01-13T09:14:21","date_gmt":"2017-01-13T14:14:21","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=56077"},"modified":"2017-01-13T09:14:21","modified_gmt":"2017-01-13T14:14:21","slug":"elliott-discloses-8-3-pct-stake-in-advisory-board","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2017\/elliott-discloses-8-3-pct-stake-in-advisory-board.html","title":{"rendered":"Elliott Discloses 8.3 Pct Stake in Advisory Board"},"content":{"rendered":"<p>\n(Reuters) Elliott Associates LP, a unit of activist hedge fund Elliott Management Corp, disclosed an 8.3 percent stake in Advisory Board Co, saying the company&#8217;s stock was &#8220;significantly undervalued&#8221;.Shares of Advisory Board, which provides research and software tools as well as consulting services to healthcare and education companies, shot up as much as 17.15 percent at $42.35 in morning trading on Thursday.<\/p>\n<p>The stake would make Elliott Associates the biggest shareholder in the company, according to Thomson Reuters data.Elliott Associates said in a regulatory filing it would seek to engage with the company&#8217;s board over &#8220;opportunities to maximize shareholder value.&#8221;<\/p>\n<p><a href=\"http:\/\/www.reuters.com\/article\/advisory-bd-co-elliott-idUSL4N1F24GI\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) Elliott Associates LP, a unit of activist hedge fund Elliott Management Corp, disclosed an 8.3 percent stake in Advisory Board Co, saying the company&#8217;s stock was &#8220;significantly undervalued&#8221;.Shares of Advisory Board, which provides research and software tools as well [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-56077","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/56077","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=56077"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/56077\/revisions"}],"predecessor-version":[{"id":56078,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/56077\/revisions\/56078"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=56077"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=56077"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=56077"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}