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Vivendi withdraws bid to oust 5 directors from TIM's board

2019-04-01 02:00:00| Total Telecom industry news

Telecom Italia's biggest shareholder, Vivendi, has withdrawn its petition to remove 5 board members loyal to activist investor, Elliott Management Fund. TIM's boardroom is currently embroiled in the grips of a battle between its biggest shareholder Vivendi and activist investor fund Elliott Management. Elliott currently controls the fragile balance of power in the TIM boardroom…read more on TotalTele.com »

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