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General

AT&T in talks with activist shareholder Elliott about strategic growth options - report

Friday 18 October 2019 | 13:15 CET | News
AT&T is in talks with activist investor Elliott Management about the stakeholders's call for change at the carrier, the Wall Street Journal reported. The two parties are together considering different options, including a strategic review of assets that could be sold or spun off, and how margins could be improved, sources said, adding that board changes could also be on the table. Although sources said an agreement should be reached soon, AT&T has decided to delay the release of its third quarter results in order to give the talks more time. The results will now be reported on 28 October,

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Categories: General
Companies: AT&T / HBO
Countries: United States
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