Activist investor Elliott owns "significant" stake in Toshiba as review conducted

Activist investor Elliott owns "significant" stake in Toshiba as review conducted

PHOTO: REUTERS/Yuriko Nakao/File Photo

Hedge fund Elliott Management said it owns a “significant” stake in troubled Japanese industrial conglomerate Toshiba Corp, which is conducting a strategic review amid pressure from other investors that could include a sale of the company.