Why AT&T shares were higher after reaching agreement with activist shareholder

Shares of AT&T are higher after the company announced a 3-year plan to meet demands from activist shareholder Elliott management, which includes adding 2 new board members and selling up to $10 billion of non-core businesses next year. Yahoo Finance’s Jen Rodgers, Myles Udland, Andy Serwer, and Brian Cheung discuss. …read more

Source:: Yahoo Finance

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