T-Mobile Merger: Elliott Is Back Yet Again With Hedge Fund Activism 101

Elliott Investment Management doesn’t need to come up with new ideas to make money. The US hedge fund activist holds so much sway that it can just throw its weight behind a worry already circulating among investors and be the force that makes a company take it seriously. Its latest such opportunity is thwarting an unpopular $255 billion merger between Deutsche Telekom AG and T-Mobile US Inc.