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Twitter strikes deal with activist investor to keep Jack Dorsey as CEO

Breaking News EmailsGet breaking news alerts and special reports. The news and stories that matter, delivered weekday mornings.SUBSCRIBEMarch 9, 2020, 1:17 PM UTCBy Jason AbbruzzeseTwitter has struck a deal to keep Jack Dorsey as CEO, after an activist hedge fund recently agitated for leadership change at the company.The deal will include a $2 billion share buyback program and give the hedge fund, Elliott Management, a seat on Twitter's board of directors, according to a press release.Byers Market NewsletterGet breaking news and insider analysis on the rapidly changing world of media and technology right to your inbox.Sign UpThis site is protected by recaptcha Privacy Policy | Terms of ServiceElliott, which has invested in and advocated ...
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