Twitter and activist investor agree on truce to keep Jack Dorsey as chief

Twitter and activist investor agree on truce to keep Jack Dorsey as chief

4 years ago
Anonymous $9CO2RSACsf

https://www.theguardian.com/business/2020/mar/09/twitter-jack-dorsey-elliott-management-agreement

Elliott Management, activist investor founded by billionaire Paul Singer, had purchased a $1bn stake in the company

Twitter and activist hedge fund manager Elliott Management agreed to a truce on Monday that leaves its co-founder and chief executive Jack Dorsey in place but shakes up the company’s board.