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Dorsey Keeps Twitter CEO Spot in Truce With Elliott Management

By
Kevin Dugan
· · Source: The Information

Jack Dorsey will stay on as Twitter’s CEO, fending off a coup attempt by activist investor Elliott Management. But Twitter is bringing three new members onto its board, including Jesse Cohn, the Elliott portfolio manager who led the activist crusade. As part of the deal, Silver Lake will invest $1 billion into Twitter and its co-CEO Egon Durban will also join the board. Twitter said it will...

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