Elliott tries to turn around a decade-long laggard with new real estate investment
Elliott tries to turn around a decade-long laggard with new real estate investment CNBC 12/19/2020 Kenneth Squire © Provided by CNBC Signage stands on the building of a Public Storage facility in San Francisco, California, U.S., on Friday, April 21, 2017. Elliott Associates sees a runway beneath Public Storage, and is pushing the self-storage company to boost investment and catch up to industry peers' growth. The company is one of the best known and better positioned in the self-storage space but hasn't built up its asset base enough to stave off competition and is leavin...