Hedge Fund Elliott Raises Stake In Japan’s Alpine

(Reuters) U.S. hedge fund Elliott Management has raised its stake in Alpine Electronics Inc (6816.T) to 6.3 percent, a regulatory filing showed, in a move that could add pressure on the Japanese company to reward minority shareholders. That followed a filing last week that showed Elliott had taken a 5.12 percent stake, saying it could make “significant proposals” to the components maker.

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