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Elliott Builds $1 Billion Stake in Lululemon, Pushes Jane Nielsen for CEO

Investor enthusiasm follows a bruising year marked by U.S. sales softness alongside a steep share-price decline.

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Starboard Discloses 8.5% Stake in BILL, Sets Up Board Challenge

Elliott Takes $4 Billion Stake in PepsiCo, Presses for Overhaul