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Elliot announces stake in Jersey-based power company


Elliott Management has a new activist target and for the first time ever it is working with a partner. The Paul Singer-led hedge fund on Tuesday announced a 6.9 percent stake in NRG Energy, a diversified power company with headquarters in Princeton, NJ. Meanwhile, Bluescape Energy Partners, a Dallas-based private equity firm, disclosed a 2.5...
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Source: New York Post


02:59, January 18, 2017 Carleton English

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