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Elliott Management: $2bn Activist Stake in Crown Castle Explained

An investment firm, Elliott Investment Management, has disclosed a significant $2 billion stake in Crown Castle Inc., prompting renewed demands for changes within the tower operator’s organization.

Paul Singer's Elliott Investment Management demands changes at Crown Castle Inc. following $2 billion stake, cites underperformance. PHOTO: Nypost/ALP
Paul Singer’s Elliott Investment Management demands changes at Crown Castle Inc. following $2 billion stake, cites underperformance. PHOTO: Nypost/ALP

In a recently issued letter, Elliott expressed the view that Crown Castle should implement new management and board leadership, conduct a thorough strategic and operational

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