Deutsche Telekom shares rise after Elliott stake reports
Deutsche Telekom shares opened 1.5% higher, topping the DAX, after a source said Elliott Investment Management built a stake and pressed it to abandon the T-Mobile deal.
Deutsche Telekom XETR:DTE shares opened 1.5% higher on Thursday, topping Germany's blue-chip index XETR:DAX, after a source said Elliott Investment Management had built a stake in the German telecommunications company, with a Bloomberg News report saying the activist investor was urging it to aband…