UK bookstore chain Waterstones will be sold to hedge fund Elliott Advisors "likely" by the end of April, the end of the U.K. bookstore chain's fiscal year, according to the Bookseller, which cited "a source with knowledge of the situation." Neither Waterstones nor Elliott Advisors has commented on the report.
Elliott Advisors is the U.K. arm of Elliott Management Corp., the investment management firm headed by Paul Singer, known for an interest in companies with heavy debt, for his financial support of the Republican Party and for his support of LGBTQ rights. Elliott Advisors is run by Singer's son Gordon Singer.
Elliott Advisors is the U.K. arm of Elliott Management Corp., the investment management firm headed by Paul Singer, known for an interest in companies with heavy debt, for his financial support of the Republican Party and for his support of LGBTQ rights. Elliott Advisors is run by Singer's son Gordon Singer.