Elliott Builds Stake in Deutsche Telekom and Presses to Drop T-Mobile Merger
Activist investor Elliott Investment Management has built a stake in Deutsche Telekom and is urging it to abandon talks about merging with T-Mobile US. Deutsche Telekom holds a 54% stake in T-Mobile and has discussed combining the two firms to create a larger telecom group; shares rose in Germany and premarket in New York.
Coverage (8)
- Activist Investor urges Deutsche Telekom to drop huge merger with T-Mobile US (phonearena.com)
- American Elliott Investment acquired a stake in German Deutsche Telekom (akm.ru)
- Elliott wants to scuttle Deutsche Telekom's T-Mobile US merger (telecoms.com)
- Elliott builds Deutsche Telekom stake, opposes T-Mobile merger (app.dealroom.co)
- Elliott urges Deutsche Telekom to drop T-Mobile merger plan, sources say (reuters.com)
- Elliott Rings Deutsche Telekom’s Bell (finance.yahoo.com)
- Elliott Takes a Stake in Deutsche Telekom to Kill the T (startupfortune.com)
- Elliott Takes Stake in Deutsche Telekom, Opposes T-Mobile Deal (wsj.com)