Actelion Ltd. Board Seeks Rejection of Elliott Plan; Says Elliot Wants to Force Quick Sale

March 28, 2011 |

1 min read

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ZURICH, March 28 (Reuters) - The board of Actelion (ATLN.VX) urged shareholders on Monday to reject what it called an ill-conceived plan by activist hedge fund Elliott Advisors to install six new board members and prepare the way for a sale.

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