{"id":75916,"date":"2020-10-08T00:30:39","date_gmt":"2020-10-08T04:30:39","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=75916"},"modified":"2020-10-08T00:17:11","modified_gmt":"2020-10-08T04:17:11","slug":"sachem-head-takes-1-2-billion-position-in-elanco-stock-price-surges","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2020\/sachem-head-takes-1-2-billion-position-in-elanco-stock-price-surges.html","title":{"rendered":"Sachem Head Takes $1.2 Billion Position in Elanco, Stock Price Surges"},"content":{"rendered":"\n<p>(Reuters) Hedge fund Sachem Head Capital Management said on Wednesday that it owns a $1.2 billion stake in Elanco Animal Health Inc and plans to push for changes at the company that makes medicines and vaccinations for pets and livestock. The New York-based hedge fund, run by Scott Ferguson, said in a regulatory filing the Greenfield, Indiana headquartered company&#8217;s stock is &#8220;undervalued&#8221; and an &#8220;attractive investment.<\/p>\n\n\n\n<p>To rea<a href=\"https:\/\/money.usnews.com\/investing\/news\/articles\/2020-10-07\/sachem-head-takes-12-billion-position-in-elanco-stock-price-surges\">https:\/\/money.usnews.com\/investing\/news\/articles\/2020-10-07\/sachem-head-takes-12-billion-position-in-elanco-stock-price-surges<\/a>d this article:<\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) Hedge fund Sachem Head Capital Management said on Wednesday that it owns a $1.2 billion stake in Elanco Animal Health Inc and plans to push for changes at the company that makes medicines and vaccinations for pets and livestock. [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-75916","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/75916","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=75916"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/75916\/revisions"}],"predecessor-version":[{"id":75917,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/75916\/revisions\/75917"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=75916"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=75916"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=75916"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}