1. Elliott Management Sends Letter to Board of Directors of AT&T

    Elliott Management Sends Letter to Board of Directors of AT&T

    Elliott Management Corporation (“Elliott”), which manages funds that collectively beneficially own $3.2 billion of AT&T Inc. (“AT&T” or the “Company”), today released a letter outlining a compelling value-creation opportunity at AT&T. The letter, addressed to the Company’s Board, noted that the opportunity could lead AT&T to a $60+ per share value by the end of 2021, representing a 65%+ upside to today’s share price...

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