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elliott wins 500000 cash payout in santander deal litigation

Elliott International LP has been awarded a $500,000 payout for its role in a court case that resulted in a $162 million settlement between Banco Santander SA and its shareholders. A Delaware judge recognized Elliott's significant contribution to the litigation concerning Santander's $12.7 billion take-private deal for its US auto loan division, where it was the largest minority investor.
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