Take the Letter T’s (Time Warner and Turner) Out of AT&T ?

Elliott Management, a hedge fund, announced September 9, 2019, it owns $3.2 Billion in AT&T (T) https://investors.att.com/ stock. The stock closed 09/9/19 @ $37.91, up just 52ยข. The hedge fund stated it hopes to trim assets to improve the business to realize a historic increase in value of at least $60 per share. Elliott Management is critical of the $104 Billion takeover of Time Warner’s … Continue reading Take the Letter T’s (Time Warner and Turner) Out of AT&T ?