Elliott Takes $3.2 Billion Stake in AT&T, Calls for Asset Sales

Date: 2019-09-09 14:04:48

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Sep.09 — Elliott Management Corp. disclosed a new $3.2 billion stake in AT&T Inc. and has a plan to boost its share price by more than 50% via assets sales and cost-cutting. Bloomberg Intelligence’s John Butler has the details on “Bloomberg Daybreak: Americas.”