Home Elliott Management calls for turnaround plan at AT&T
 

Keywords :   


Elliott Management calls for turnaround plan at AT&T

2019-09-09 15:41:00| Telecompaper Headlines

(Telecompaper) The activist investor Elliott Management has launched a call for a strategic rethink at AT&T, saying it has a plan to turnaround the company's business and end the stock's underperformance. After buying USD 3.2 billion worth of AT&T's shares, one of its largest investments ever, Elliott said it sees as much as 65 percent upside in the share price by 2021 and wants to work with AT&T to implement the plan. 

Tags: plan management calls att

Category:Telecommunications

Latest from this category

All news

»
05.11Registration Now Open for RadTech 2025
05.11Atlantic Tropical Weather Outlook
05.11Eastern North Pacific Tropical Weather Outlook
05.11Tropical Storm Rafael Graphics
05.11Tropical Storm Rafael Public Advisory Number 7A
05.11Summary for Tropical Storm Rafael (AT3/AL182024)
05.11Vodafone-Three merger could get green light, watchdog says
05.11Altice USA residential video RGUs down 77,000 in 3Q 2024
More »