AT&T Reaches Deal With Activist Investor To Sell Assets And Restructure Management [telecom]

Oct 28, 2019 0 Replies
AT&T Reaches Deal With Activist Investor To Sell Assets And Restructure Management [telecom] open original image

By Sergei Klebnikov



Facing pressure from an activist hedge fund investor, AT&T said on Monday that in addition to adding new board members, the company would divest up to $10 billion of assets in 2020 as it looks to reduce its large debt pile.



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