Posted AT 8:46 PM EDT on 23/05/08
Hedge fund eyes Cott board seats
A U.S. hedge fund that has pushed for changes at an array of Canadian companies is now turning its efforts to troubled soft-drink maker Cott Corp.
Crescendo Partners LP of New York, which disclosed Friday that it has an 8.7 per cent stake in Cott, wants representation on the company's board of directors as well as a shakeup of top management.
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