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(Bloomberg) -- Activist investor Elliott Investment Management has built a large position in industrial giant Johnson Controls International Plc, whose performance has lagged its peers, according to people familiar with the matter. Most Read from BloombergIran State TV Says ‘No Sign of Life’ at Helicopter Crash SiteSpeedier Wall Street Trades Are Putting Global Finance On EdgeChina’s Housing Rescue Too Small to End Crisis, Analysts SayEbrahim Raisi, Iranian President Confronting West, Dies at 63

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