Duke Energy, hedge fund continue battle

Duke Energy, hedge fund continue battle

July 19, 2021

Duke Energy and a hedge fund continued a public battle Monday about the financial performance of the utility, including the operations of Duke Energy Florida.

The West Palm Beach-based Elliott Investment Management L.P. sent an 11-page letter to the Duke Board of Directors criticizing company leaders and saying Duke Energy Florida is “perhaps the most glaring example of under-management.”

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