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Elliott Management Responded Early To COVID-19 But It Couldn’t Protect Its Investment In Travelport Worldwide

Elliott Management's Paul Singer predicted quarantine early. On February 1 the hedge fund boss warned employees around the world with an internal memo insisting that they "make arrangements so that you do not have to leave your home for a month if that becomes necessary." This was a month and a half before New York imposed a statewide lockdown to reduce the spread of the novel coronavirus...