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October 15, 2019
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October 15, 2019
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Hedge fund D.E. Shaw raises pressure on Emerson, calls for breakup
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October 15, 2019
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Hedge fund D.E. Shaw on Tuesday increased the pressure on Emerson Electric Co by publicly urging a breakup of the U.S. industrial conglomerate, a move it says could unlock more than $20 billion worth of shareholder value.
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