Skip to content
Subscriber Only

Elliott Wins Glass Lewis Support in Telecom Italia Fight

Telecom Italia SpA Stores And Fixed-Line Phones As Company Is Said To Weigh New Changes to Management
Photographer: Alessia Pierdomenico/Bloomberg

Elliott Management Corp.’s effort to oust Vivendi SA directors from the board at Telecom Italia SpA has won support from a prominent shareholder advisory firm.

Glass Lewis & Co. urged investors in the Italian telecommunications company to vote for Elliott’s slate of six directors at its annual general meeting set for April 24.