Elliott Management has stake in Duke Energy (DUK) - WSJ

May 10, 2021 1:09 PM EDT

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(Updated - May 10, 2021 1:15 PM EDT)

Activist hedge fund Elliott Management has built a stake in Duke Energy (NYSE: DUK) and is urging the company to add board members, the Wall Street Journal reported citing people familiar with the matter.

The two sides have been in talks and Elliott may also probe the company to sell some assets or make operational improvements, it was added.

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