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Activist investor Elliott Management Corp. has taken a sizable stake in Twitter Inc. and plans to push for changes at the social media company, including replacing Chief Executive Officer Jack Dorsey, according to people familiar with the matter. bloomberg.com/news/articles/…
‼️Who is Paul Singer of Elliott Management Capital?

Let’s take a look.. .

2017: “Paul Singer’s Fight
for the Soul of the GOP

A hedge fund titan uses his money to support establishment Republicans – but will it be enough?”

institutionalinvestor.com/article/b15d9s…
“The Free Beacon, funded in large part by the New York hedge fund billionaire Paul Singer, hired the firm, Fusion GPS, in 2015 to unearth damaging info about several Republican presidential candidates, including Trump.

#SteeleDossier 1st Funder

nytimes.com/2017/10/27/us/…
Mr. Singer was among the leading Republican critics of Mr. Trump during the Republican presidential primary race.

However, Singer donated $1 million to the president’s inaugural fund and has visited the White House on multiple occasions.

nytimes.com/2017/10/27/us/…
Elliott Management Corp., led by investor Paul Singer, has the conglomerate AT&T in its crosshairs.

The hedge fund, with $38 billion under management, disclosed it has acquired $3.2 billion of AT&T and is launching a campaign to shake up the company.

washingtonpost.com/opinions/stay-…
Trump was pleased about Singer’s ATT acquisition.

“Great news that an activist investor is now involved with AT&T. As the owner of VERY LOW RATINGS @CNN, perhaps they will now put a stop to all of the Fake News emanating from its non-credible ‘anchors.’ 

washingtonpost.com/opinions/stay-…
Paul Singer’s Elliott Scores Big Win in PG&E Clash

California legislators side with PG&E bondholders in tussle with shareholders over wildfire-liability bill

wsj.com/articles/paul-…
Mr. Singer’s firm, EMC., is one of the big­gest own­ers of bonds is­sued by PG &E.

The in­vestors have been lob­by­ing in Sacra­mento for months to sway the wild­fire-li­a­bil­ity bill the leg­is­la­ture passed, peo­ple fa­mil­iar with the process said.

wsj.com/articles/paul-…
📌Mnuchin’s gift to Singer:

Carried interest is eligible for a tax rate of 23.8% — on sales of assets held for at least three years. Otherwise, it’s treated as ordinary income and managers face a top federal income tax rate of 37%.
latimes.com/business/la-fi…
2016: Barclay’s $1 million bash:

According to an invitation list, attendees included reps from Man Group, Och-Ziff Capital Management, Renaissance Technologies and Elliott Management, just to name a few.

nypost.com/2016/10/22/bar…
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