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GS Goldman Sachs Group Inc

439.8548
7.28 (1.68%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Goldman Sachs Group Inc NYSE:GS NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  7.28 1.68% 439.8548 442.30 434.92 435.00 2,406,250 01:00:00

AT&T, Under Pressure From Activist Investor Elliott, Hires Goldman Sachs -- NY Post

09/09/2019 9:21pm

Dow Jones News


Goldman Sachs (NYSE:GS)
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-- AT&T Inc. has hired Goldman Sachs Group Inc. in its fight against activist investor Paul Singer's Elliott Management Corp., the New York Post reported Monday.

-- Elliott has disclosed a $3.2 billion stake in AT&T, criticized its longtime CEO's acquisition strategy and called on the company to shed some assets that lack a strategic rationale, including the DirecTV satellite service and Mexican wireless operations.

-- Elliott had hired Goldman's top activism banker Steven Barg, Bloomberg reported last month.

 

Full story: https://nypost.com/2019/09/09/att-hires-goldman-sachs-to-defend-against-activist-hedge-fund/

 
 

(END) Dow Jones Newswires

September 09, 2019 16:06 ET (20:06 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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