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Elliott Management Cuts Stake in SoftBank

MarketWatch

Elliott Management has quietly reduced its position in Masa Son’s SoftBank Group, The Post has confirmed. And the Paul Singer-run hedge fund has made a tidy profit in the process — as much as $500 million, people with knowledge of the matter told The Post. The profit comes even as other investors have likely gotten burned by SoftBank 9984, -4.98% , whose Vision Fund posted an $18 billion loss last year...

Mentions: Management Hedge Fund Citigroup