Hedge Fund News From HedgeCo.Net

Elliott, Bluescape Recommend 6 New Directors For Sempra

(Reuters) Two shareholders of U.S. utility Sempra Energy РElliott Management and Bluescape Resources Co Рon Monday recommended six new directors for the company’s board and urged a strategic review of its business. The hedge funds said Sempra was highly undervalued and could be worth an additional $11 billion to $16 billion, that could value the company at $139-$158 per share.

To read this article

Related Posts Plugin for WordPress, Blogger...
This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply