Singer’s Elliott Seeks to Replace Twitter CEO Dorsey

[Y2kTheNewOldies]

https://www.bloomberg.com/news/arti...nt=business&cmpid=socialflow-twitter-business



Elliott Management Corp Takes a stake in Twitter

Activist investor Elliott Management Corp. has taken a sizable stake in Twitter Inc. and plans to push for changes at the social media company, including replacing Chief Executive Officer Jack Dorsey, according to people familiar with the matter.

The New York-based firm has nominated four directors to Twitter’s board, said the people, who asked to not be identified because the matter isn’t public.

There are only three seats becoming available at this year’s annual meeting but Elliott wanted to ensure that it nominated enough directors to fill all three seats or any other vacancies that may arise, the people said. The exact size of Elliott’s stake couldn’t be determined.

 

[Will_H_69_9]

https://www.bloomberg.com/news/arti...nt=business&cmpid=socialflow-twitter-business



Elliott Management Corp Takes a stake in Twitter

i think a leadership change is needed at twitter, Twitter is right now too toxic and a leadership change could lead to them cracking down on those who use the platform of social media as a place of spreading lies, hatred, and conspiracy theories. and the President hasn't been removed from Twitter yet because the current management is too scared to ban him for abusing the sites rules.

 

[TheBigA]

I would not count on Elliott to bring in anyone who would ban the president:

https://news.sky.com/story/pro-trump-hedge-fund-buys-twitter-shares-to-oust-ceo-jack-dorsey-11947868

 

[Y2kTheNewOldies]

https://tvnewscheck.com/article/top...in-silver-lake-elliott-deal-dorsey-still-ceo/

Also Twitter has to deal with investors at Silver Lake.