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Paul Singer invests giant stake in hospital-consulting firm


Billionaire Paul Singer just made a big bet on further cost-cutting in health care. Singer’s Elliott Management on Thursday disclosed an 8.3-percent stake in Advisory Board — a Washington, DC-based hospital-consulting firm — and the company’s shares jumped 16 percent to $42 on the news. Just last week, the company announced layoffs and office closures,...
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Source: New York Post


06:13, January 13, 2017 Carleton English

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