Duke Energy poised to make big concession in board battle, report says

Activist investor Elliott Management Corp. may soon get two seats on Duke Energy Corp.’s 13-member board of directors, as Reuters reports the parties are close to a settlement after months of public sniping.

Neither Duke nor Elliott would comment for this article, nor even say for the record whether they are talking to each other.

But if Reuters is correct, the agreement would be a significant concession to Elliott. 

Citing “people familiar with the discussions,” Reuters reports the new…


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