Kansas City-based Evergy Inc. will start a formal sales process next month, fulfilling part of a deal with an activist investor to make changes to operations or sell itself, Bloomberg reports.
Evergy (NYSE: EVRG) said it would conduct a two-pronged review process as part of its deal with Elliott Management Corp. The review aims to find ways to improve Evergy’s operations.
As part of the review, Evergy will launch a full sales process in June. Potential buyers include NextEra Energy Inc., WEC…
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