Elliott Builds Deutsche Telekom Stake, Opposes T-Mobile Merger
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Elliott Investment Management has built a sizeable stake in Deutsche Telekom AG and indicated the German telecommunications giant should ditch a potential merger with its American arm T-Mobile US Inc., people familiar with the matter said.
The investment firm is advocating against the merger, suggesting that Deutsche Telekom should reconsider its strategy regarding T-Mobile US.
ElliottDeutsche TelekomT-Mobile
Sources
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“Elliott Investment Management has built a sizeable stake in Deutsche Telekom AG and indicated the German telecommunications giant should ditch a potential merger with its American arm T-Mobile US Inc., people familiar with the matter said.”
Bloomberg — Elliott Builds Deutsche Telekom Stake, Opposes T-Mobile Merger