DTE Energy announces intent to spin-off Midstream business

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Go back to DTE Energy announces intent to spin-off Midstream business

Elliott Management Supportive of DTE Energy's (DTE) Intent to Spin-Off Midstream Business

October 27, 2020 9:32 AM EDT

Elliott Management Corporation ("Elliott"), which manages funds that collectively own a significant interest in DTE Energy Co. ("DTE" or the "Company"), today released a statement supporting DTE's decision to pursue a spin-off of the DTE Midstream business from DTE Energy. Elliott Senior Portfolio Manager Jeff Rosenbaum also commended CEO Gerardo "Jerry" Norcia on the Company's commitment to unlocking... More