Report: Elliott Becomes Largest Shareholder of Software Company CCC
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At present, it is still unknown the specific scale of Elliott's latest investment, and the discussions regarding CCC are still in the early stages, with no certainty that a final sale will be reached. CCC mainly provides software for the auto insurance industry to assist with automobile claims and repairs. On Friday, in New York trading, its share price rose by 10% to close at $5.92.
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