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Do Paul Singer’s Restructuring Targets Lag the Market?

An analysis by the union representing AT&T’s workers shows that Elliott’s activism isn’t always that good for shareholders.

Paul Singer is known as a ferocious shareholder activist, but when his hedge fund, Elliott Management, tries to restructure the company it has targeted — instead of selling it — the returns aren’t always that great over the long run, a new analysis shows.The Communications Workers of America, which represents

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