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Activist Elliott said to oppose Swedish Match $16B sale to Philip Morris International

Philip Morris Report on Premature Deaths

Spencer Platt/Getty Images News

  • Activist Elliot Investment Management is said to be accumulating a stake in Swedish Match (OTCPK:SWMAY) as it attempts to oppose a $16 billion sale of the smokeless tobacco company to Philip Morris International (NYSE:PM).
  • Elliott

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