Twitter Makes Deal With Activist Investor Elliott

Twitter announced an arrangement with activist trader Elliott Management on Monday that — at the very least for now — averts a battle in excess of CEO Jack Dorsey’s leadership of the social media big.

Less than the arrangement, Elliott govt Jesse Cohn, who had been the driving drive driving the hedge fund’s campaign to switch Dorsey, will get a seat on Twitter’s board and on a new board committee that, in accordance to a news release, will “evaluate the CEO succession strategy with the CEO.”

“We invested in Twitter due to the fact we see a sizeable possibility for

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