Elliott takes aim at TIM board in chaos mission
Activist investor Elliott has taken a swipe at the TIM Board of Directors, claiming the business could use with a ‘truly independent’ board.
In years gone by scraps between investors might have taken place behind closed doors or in a passive-aggressive manner on the golf course, but that is not the Elliott way. The strategy here seems to cause as much chaos as possible in the public eye while sneakily increasing its stake in the company. Perhaps it is part of the greater plan; cause
Read more »