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CRL
CNBC
100 days

Activist Elliott reaches key agreement with Charles River. Here are three ways to create value

1. Elliott Investment Management enhances Charles River's board with four new directors. 2. Strategic review initiated to explore value-creating opportunities in core businesses. 3. CRL's share price has decreased substantially, impacted by regulatory trends on animal testing. 4. Potential sale of Manufacturing Solutions could significantly rerate CRL's remaining business. 5. Elliott's active involvement may lead to increased shareholder value through M&A.

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$138.7905/11 08:03 PM EDTEvent Start

$143.0805/13 02:26 AM EDTLatest Updated
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FAQ

Why Bullish?

Elliott's strategic involvement usually signals future operational improvements and shareholder value creation.

How important is it?

Elliott's investment and strategic review have potential to significantly alter CRL’s market dynamics.

Why Short Term?

Key decisions from the strategic review are expected to impact CRL's valuation in the near term.

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