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Hedge fund Elliott Management looking to oust Twitter CEO Jack Dorsey: Report
short by Anushka Dixit / on Saturday, 29 February, 2020
Investment management firm Elliott Management is looking to oust Twitter CEO Jack Dorsey after it purchased a stake in the company, Bloomberg reported. Elliott, founded by billionaire investor Paul Singer, is seeking to remove Dorsey due to his divided attention between Twitter and Square, and his plan to temporarily move to Africa. Elliott has nominated four directors for Twitter's board.
read more at Reuters