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Dec 17 (Reuters) – Activist investor Elliott Management has built a stake of over $1 billion in Lululemon Athletica and is bringing a potential CEO candidate to the struggling athletic apparel retailer it wants to help turn around, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. Reuters could not immediately verify the report (Reporting by Shivani Tanna in Bengaluru; Editing by Alan Barona)
(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)
