Elanco Announces Changes to its Board of Directors

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Go back to Elanco Announces Changes to its Board of Directors

Elanco Animal Health (ELAN) Gains as Sachem Head Ups Stake Despite Board Departure

September 9, 2022 9:43 AM EDT

Elanco Animal Health (NYSE: ELAN) is up 7% in early trading after hedge fund Sachem Head Capital Management LP disclosed in a 13D filing that raised its stake by 2.9% to 6%, or 28,642,807 shares.

The disclosure followed news on Thursday that Sachem Head's Scott Ferguson resigned... More