LONDON—Hedge fund Elliott Management Corp. disclosed in a regulatory filing Friday that it had taken a 1.09% stake in Sky PLC, which could further complicate 21st Century Fox Inc.’s $16.6 billion effort to consolidate ownership of the British pay-TV giant. Elliott, founded by Paul Singer, is known for its activist campaigns against giant companies, and for getting involved in deals and holding them up to get the price bumped. It was unclear whether the fund was taking an active or passive position in Sky.

Source: Wall Street Journal January 26, 2018 23:48 UTC