Hedge funds raise stakes in Williams Cos., push for changes

Tulsa World – Two New York-based hedge funds are raising their stakes in Williams Cos. Inc. and pushing for changes to improve the company’s value, according to media reports Wednesday.

Leadership at Corvex Management LP and Soroban Capital Partners LLC revealed in a federal regulatory filing that they hold a 9 percent stake in Tulsa-based Williams, including calls and options, Reuters and a Wall Street Journal blog reported.

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