Elliott Management rumored to cut AT&T stake to zero

destriero said:
I've talked to two people at large funds who are not acquaintances and both told me the same story. One trades debt in the EU and one trades equity vol in the US.

Look. Out. Below.
More...

Cutting to zero would be "appreciated" to free some monies for some real Alpha plays....;)

BTW: real Alpha plays - I just "stumbled" upon this here:

Rating Action:
Moody's places Deoleo's ratings on review for upgrade following debt restructuring

01 Jul 2020


https://www.moodys.com/research/Moo...g-debt--PR_427498?cid=HFGG75LYEO30&yptr=yahoo

Quote: "As of year-end 2019, Deoleo was controlled by funds advised by private equity firm CVC Capital Partners, which held a 56.4% stake in the company."

CVC Capital Partners should ring some bells.....:sneaky::sneaky::sneaky:

https://finance.yahoo.com/quote/OLE.MC?p=OLE.MC&.tsrc=fin-srch
 
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