Norwegian Cruise Line Holdings Ltd

NCLH: XNYS (USA)
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Norwegian: Elliott Management Takes Above 10% Stake in Business; Seeking Financial Turnaround

Elliott Investment Management is pushing for change under its Norwegian Now turnaround initiative, to improve profitability, gain credibility, and extract shareholder value. Shares rallied 12% on the position announcement Feb. 17 in hopes of faster improvement in EBITDA ahead.

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