FILE - In this July 18, 2019, file photo, a sign is displayed at an AT&T retail store in Miami. Activist hedge fund manager Elliott Management is making a new $3.2 billion investment in AT&T, saying the company could be valued at more than $60 a share by 2021's end. AT&T stock jumped nearly 6% to $38.31 in Monday, Sept. 9, premarket trading. (AP Photo/Lynne Sladky, File)
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