This story is developing and will be updated. AT&T’s leaders sought to move beyond a dispute with Elliott Management Monday by putting forward a 3-year plan that includes many of the activist investor’s recommendations. Among them, AT&T pledged to sell off billions of dollars of non-essential businesses and promised to not make any major acquisitions in the next several years. …
Read More »AT&T concedes to activist investor with 3-year plan, pledge that it won’t make major acquisitions
October 28, 2019