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AT&T Chief Laid Plans for His Exit. That Set Off an Activist Challenge. – The Wall Street Journal

Randall Stephenson, AT&T Inc. T -1.22% s longtime boss, got an unexpected phone call Sunday evening from a hedge-fund manager at Elliott Management Corp., one of Wall Streets biggest and most aggressive activist investors. The call was brief and cord…

Randall Stephenson,
AT&T Inc.
T -1.22%
s longtime boss, got an unexpected phone call Sunday evening from a hedge-fund manager at Elliott Management Corp., one of Wall Streets biggest and most aggressive activist investors. The call was brief and cord…
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