1. Crown Castle ‘Seems to Know There Is a Problem, but Refuses to Acknowledge It,’ Elliott Charges

    Crown Castle ‘Seems to Know There Is a Problem, but Refuses to Acknowledge It,’ Elliott Charges

    Crown said Monday it is “open to considering opportunities to create value.” Dreamstime Activist investor Elliott Management is ratcheting up the pressure on Crown Castle . The hedge fund disclosed a $1 billion stake in the Houston-based cell tower firm last month , arguing that Crown wasn’t getting proportional rewards for its hefty investment of time and money in its fiber-cable business...

    Read Full Article

    Login to comment.

  1. Categories

    1. BoardProspects Features:

      BoardBlogs, BoardKnowledge, BoardMoves, BoardNews, BoardProspects Announcements, BoardProspects CEO, CEO Blog, In the News, Partner Publications, Question of The Week, Sponsored Content
  2. Quotes

    1. Crown Castle is confident that its strategy is delivering significant, measurable results and best positions the Company to create superior long-term shareholder value.
  3. Topics Mentioned

  4. Authors