Jim Cramer's Thoughts About Elliott Management's Stake in Twitter
Elliott Management has reportedly taken a stake in Twitter (TWTR) - Get Report.
Elliott has taken a $1 billion stake in Twitter, the Wall Street Journal reported over the weekend, while Reuters has said Paul Singer, the fund's founder, is looking to install selected nominees to Twitter's eight-member executive board. Bloomberg first reported the Elliott stake Saturday, citing people familiar with the matter.
Jim Cramer weighed in on Elliott's stake.
Watch the full video above for more.
