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Twitter grants Elliott board seat, Silver Lake invests $1 billion

Reuters Monday, 9 March 2020
Twitter Inc announced a deal with Elliott Management and private equity firm Silver Lake on Monday, handing both board seats after a month in which activist investors were said to be pushing for the removal of Chief Executive Officer Jack Dorsey.
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News video: Twitter strikes deal with Elliott

Twitter strikes deal with Elliott 01:08

Twitter CEO Jack Dorsey survived an attempt to remove him after the social media company struck a deal with activist hedge fund Elliott Management. Fred Katayama reports.

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Jack Dorsey Jack Dorsey American internet computer software executive and CEO of Twitter and Square

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