Elliott opposes Deutsche Telekom's T-Mobile merger, demands buyback
TMUS T-Mobile US Inc
$187.30 +2.82%
View chart & analysis → - 1Elliott has taken a significant stake in Deutsche Telekom (DTE.DE) and is pressing it to abandon a full merger with T-Mobile
- 2Deutsche Telekom holds roughly 53% of T-Mobile (TMUS) and has pursued a merger valued at about $300 billion
- 3Elliott prefers a share buyback, citing a roughly 9% decline in the stock over the past year as grounds for returning capital
This 3-line summary is compiled from the report below.
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