Activist investor Elliott takes on Bayer

|About: Bayer A.G. ADR (BAYRY)|By:, SA News Editor

Reuters reports that activist investor Paul Singer's Elliott Management has established a larger stake in Bayer (OTCPK:BAYRY +0.1%) after owning the stock for more than a year. Mr. Singer has been unable to meet personally with CEO Werner Baumann or one of his colleagues so a more sizeable position, unspecified at this point, may open the executive suite a bit.

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