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Hedge Fund Elliott Management Wants to Remove Twitter CEO Jack Dorsey

Activist investor Elliott Management is seeking to oust Twitter CEO Jack Dorsey, Bloomberg News reported late Friday. The $40.2 billion hedge fund run by Paul Singer has taken a major stake in the social media company and is urging changes, people familiar with the matter told the news outlet. Twitter declined to comment. Elliott Management could not immediately be reached for comment. According to Bloomberg News, Elliott Management has nominated four directors to Twitter's board...

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