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A Big Pharma CEO Is Battling Wall Street’s Most Feared Fund

(Bloomberg) — One afternoon in mid-April, Emma Walmsley, the chief executive officer of GlaxoSmithKline Plc, logged into what could be one of the most important video conferences of her career. A few days earlier Elliott Investment Management, the U.S.-based activist fund, had contacted the drugmaker’s chairman, Jonathan Symonds, with some alarming news. Without GSK’s knowledge, Elliott had been quietly buying up billions of dollars of its shares. Now Gordon Singer, a managing partner at the fi

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