Elliott Urges Deutsche Telekom to Drop T-Mobile Deal
Activist investor Elliott Investment Management has built a stake in Deutsche Telekom and is pushing the group to drop a potential T-Mobile merger. Elliott prefers alternative options like larger share buybacks to unlock shareholder value.
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Activist investor Elliott Investment Management has built a stake in DEUTSCHE TELEKOM AG-REG and is urging the Germany telecoms group to drop a potential merger with its United States unit, T-MOBILE US INC's business, two people familiar with the matter said on Thursday.
