Elliott builds stake in Deutsche Telekom and urges against T-Mobile US merger
Activist Elliott Investment Management has built a stake in Deutsche Telekom and is pushing it to abandon any effort to merge with T-Mobile US, people familiar say.
By Ben DummettActivist investor Elliott Investment Management has built a stake in Deutsche Telekom and is pushing the German company to abandon any effort to merge with T-Mobile US, according to people familiar with the matter.Deutsche Telekom owns 54% of T-Mobile and has held discussions this yea…