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The hedge fund said the company has 'failed to capture business opportunities due to years of under-management'

People Correspondent

Hedge fund Elliott Management has written an open letter to UK pharmaceutical giant GlaxoSmithKline’s board to voice concerns about its management and its chief executive.

“The time has come for a broader discussion regarding GSK’s potential and how best to achieve it,” said the letter.

Elliott Management uses open letter to spotlight concerns with GSK management

Bérengère Sim

GlaxoSmithKline

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