DAILY BRIEFING: Activist hedge fund to demand shake-up at Meggitt after building 5.2% stake in engineering firm
![DAILY BRIEFING: Activist hedge fund to demand shake-up at Meggitt after building 5.2% stake in engineering firm](http://i.dailymail.co.uk/i/pix/2016/08/21/19/3550A53600000578-0-image-m-3_1471804945958.jpg)
Managers from Elliott are said to have met both chief executive Stephen Young and chairman Sir Nigel Rudd in recent months. And the fund has also arranged meetings with other investors in Meggitt.