Elliott slaps Vivendi down over TIM rant
Activist investor Elliott Advisors has hit back following criticism of TIM by French conglomerate Vivendi.
Last week Vivendi, which lost control of the TIM board to Elliott earlier this year, decided to issue a public diss of TIM, with the apparent aim of showing what a rubbish job Elliott is doing. The core of the argument was that the share price is down since it lost and furthermore there has been some gossip in the press.
For such a massive and well-resourced company that was a pretty weak e
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