WEST PALM BEACH, Fla.,
Nov. 29, 2021 /PRNewswire/
-- Elliott Investment Management L.P. ("Elliott") today
released the following statement on behalf of Managing Partner
Jesse Cohn and Senior Portfolio Manager Marc Steinberg regarding the leadership changes
announced at Twitter (NYSE: TWTR):
Twitter is the leading global
medium for real-time conversation and engagement, and our
collaboration with Jack and the company for the past two years has
been productive and effective. Twitter is now executing against an
ambitious multi-year plan to dramatically increase the company's
reach and value, and we look forward to the next chapter of
Twitter's story. Having gotten to know both incoming Chairman
Bret Taylor and incoming CEO
Parag Agrawal, we are confident that
they are the right leaders for Twitter at this pivotal moment for
Elliott Investment Management L.P. manages approximately
$48 billion of assets. Its flagship
fund, Elliott Associates, L.P., was founded in 1977, making it one
of the oldest funds under continuous management. The Elliott funds'
investors include pension plans, sovereign wealth funds,
endowments, foundations, funds-of-funds, high net worth individuals
and families, and employees of the firm.
Elliott Investment Management L.P.
SOURCE Elliott Investment Management L.P.