Elliott builds Deutsche Telekom position, urges company to abandon
T-Mobile (TMUS) merger
opalesque
4 weeks ago
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Elliott Investment Management has built a position in Deutsche Telekom and is urging the German telecom group to abandon plans for a full combination with T-Mobile US. The activist instead wants Deutsche Telekom, which already owns about 53% of T-Mobile US, to direct more capital toward share buybac...
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