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Elliott steps up push to replace six Telecom Italia directors on April 24

( March 28, 2018, 16:45 GMT | Official Statement) -- MLex Summary: Paul Singer’s Elliott today applauded the unanimous decision of Telecom Italia’s statutory auditors to include the hedge fund’s motion to replace six board members on the agenda of an April 24 shareholder meeting. Elliott criticized the “apparently coordinated resignations” of seven TIM directors on March 22, which has delayed a shareholder vote on the board’s composition until May 4.Full statement follows....

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