1. Activist Investor Elliott Has Stake in Duke Energy

    Activist Investor Elliott Has Stake in Duke Energy

    (Reuters) - Activist investor Elliott Management has a stake in Duke Energy Corp and is pushing the U.S. utility company to add directors to its board, the Wall Street Journal reported on Monday, citing people familiar with the matter. Hedge fund Elliott may also urge Duke Energy to sell some assets or make operational improvements to boost its stock price, the report said. (on.wsj.com/2RB2qcV) Elliott and Duke Energy did not immediately respond to Reuters requests for comment...

    Read Full Article

    Login to comment.

  1. Categories

    1. BoardProspects Features:

      BoardBlogs, BoardKnowledge, BoardMoves, BoardNews, BoardProspects Announcements, BoardProspects CEO, CEO Blog, Competitor Corner, In the News, Member Report, Partner Publications, Question of The Week, Sponsored Content
  2. Topics Mentioned