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MarketBeat
MarketBeat
Leo Miller

Prominent Hedge Fund Acquires Huge Stake in HPE: Is It a Buy Now?

Hewlett Packard Enterprise (NYSE: HPE) now finds itself in a precarious situation. The firm will deal with something that many executives dread: activist investors. This situation comes as headlines broke that the investment company Elliott Management has accumulated a large stake in HPE.

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Elliott Management engages in various strategies typical of hedge funds. However, the firm has become by far the most well-known for its penance for activist investing.

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