1. Elliott Urges Israel's Bezeq to Appoint New CEO, Buy Back Shares

    Elliott Urges Israel's Bezeq to Appoint New CEO, Buy Back Shares

    JERUSALEM (Reuters) - Activist investor Elliott Advisors on Thursday urged the board of Bezeq Israel Telecom ( BEZQ.TA ) to appoint a new chief executive and consider implementing a share buy-back program...

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    1. Shares could be acquired from the market or, if feasible, from the (controlling shareholder) Eurocom Group.
    2. We continue to believe that Bezeq is fundamentally a well-positioned and resilient business, where — following a sustained period of poor governance and management — a new leadership team can drive performance improvements and rebuild shareholder value.
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