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Vodafone Not Impressed By Elliott's Stake In Kabel Deutschland

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HFA Staff
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It seems Paul Singer's sudden and exuberant buying of  Kabel Deutschland Holding AG (FRA:KD8) (ETR:KD8) has failed to impress Vodafone Group Plc (NASDAQ:VOD) (LON:VOD), as the British telecom company has reiterated its offer and said that it will not raise the bid or extend deadlines. Elliott Management pushed up its position in Kabel Deutschland Holding AG (FRA:KD8) (ETR:KD8) from 5.1% to 10.9% of shares, according to a filing on Sep 9.

Vodafone Not Impressed By Elliott's Stake In Kabel Deutschland

Vodafone set September 11 as deadline for Kabel

This was a huge position, which is especially of note in the context that Vodafone Group...

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