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General

Elliott accuses Vivendi of 'short-termism' in war of words over Telecom Italia

Monday 10 September 2018 | 14:06 CET | News
US activist shareholder Elliott has issued a statement strongly rejecting Vivendi's recent criticism of the company's performance since the hedge fund took control of Telecom Italia's board in May. In response to Vivendi's allegation that the management had been "disastrous" and TIM's market performance "dramatic" in the intervening months, Elliott accused the French media giant of having "fallen prey to the 'short-termism' it has previously decried."

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Categories: General
Companies: Telecom Italia / TIM / Vivendi
Countries: Italy
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