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Topic: ccc

A damaged car after a collision
New Markets
Saturday, 7/11, 01:37 PM

Elliott Builds a Stake in CCC as the Insurance-Software Firm Explores a Sale

  • Elliott Investment Management, one of Wall Street's most feared activist investors, has built a large stake in CCC Intelligent Solutions, the cloud-software maker for the auto-insurance and collision-repair industry.
  • The move lands just as CCC has hired bankers to explore a possible sale, and the shares jumped sharply on the news.

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