{"id":70890,"date":"2019-09-11T01:13:16","date_gmt":"2019-09-11T05:13:16","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=70890"},"modified":"2019-09-11T01:13:16","modified_gmt":"2019-09-11T05:13:16","slug":"att-shares-rally-after-activist-elliott-management-takes-3-2-billion-stake-sees-stock-worth-60","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2019\/att-shares-rally-after-activist-elliott-management-takes-3-2-billion-stake-sees-stock-worth-60.html","title":{"rendered":"AT&#038;T Shares Rally after Activist Elliott Management Takes $3.2 Billion Stake, Sees Stock Worth $60"},"content":{"rendered":"<p>\n(CNBC) AT&#038;T rallied Monday after Paul Singer\u2019s Elliott Management announced it owns $3.2 billion in the underperforming telecom giant\u2019s stock and said in a letter that it hopes to help the company trim unneeded assets. The hedge fund said it sent a letter to the company\u2019s board and argued for ways AT&#038;T can \u201cimprove its business and realize a historic increase in value.\u201d<\/p>\n<p><a href=\"https:\/\/www.cnbc.com\/2019\/09\/09\/att-shares-jump-after-activist-elliot-management-takes-stake-sees-shares-nearly-doubling.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) AT&#038;T rallied Monday after Paul Singer\u2019s Elliott Management announced it owns $3.2 billion in the underperforming telecom giant\u2019s stock and said in a letter that it hopes to help the company trim unneeded assets. The hedge fund said it [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-70890","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/70890","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=70890"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/70890\/revisions"}],"predecessor-version":[{"id":70891,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/70890\/revisions\/70891"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=70890"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=70890"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=70890"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}