Hedge fund Elliott buys stake in UK's Saga
July 17 (Reuters) - Activist investor Elliott ECAL.UL has taken a position in Britain's Saga Plc SAGAG.L, less than a month after the specialist tourism and insurance firm warned that discounting was taking a heavy toll on its tours business.
Elliott Capital Advisors disclosed a 5.141% stake in Saga as at July 12, a filing showed on Wednesday.
(Reporting by Noor Zainab Hussain in Bengaluru; editing by Patrick Graham)
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