Activist Elliott ends opposition to CapGemini's Altran bid
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PARIS (Reuters) - U.S. activist fund Elliott ended its long resistance to software company CapGemini's $4.1 billion (3.38 billion pounds) friendly takeover of smaller rival Altran on Wednesday.Elliott said in a regulatory filing with France's AMF regulator that the recent worldwide stock market slump meant it was now prepared to sell its Altran shares to CapGemini.The activist investor had been holding out for CapGemini to make a higher bid, arguing its offer undervalued Altran.In January,..