Hedge Fund Buys Prezzo

American Hedge Fund Elliott Buys Stake in Prezzo
Elliott Management, an activist hedge fund, continues to grow its
business with the acquisition of 3.1 percent stake in Prezzo, a chain of
Italian restaurants in the United Kingdom, which is being bought by
private equity firm TPG.

The
activist fund on Friday disclosed that it had built a near 3.1pc
interest in Prezzo via contracts for