Paul Singer’s New Twitter Battle

Elliott Management got a board seat, but tensions with Trump are dragging down the social media company’s stock.

(Gabby Jones/Bloomberg)

(Gabby Jones/Bloomberg)

When hedge fund Elliott Management’s Paul Singer took his 3.6 percent stake in Twitter earlier this year, he might have thought CEO Jack Dorsey was the only big ego he would have to contend with.

But now the social media giant Dorsey heads is embroiled in a battle with President Trump that began after Twitter fact-checked Trump’s recent tweets alleging that voting by mail would create a “rigged election.”

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