Investor wants Duke Energy split into three pieces, including one in Tri-State

An investor is urging Duke Energy to explore splitting the company into three parts, with one to be located in the Tri-State area in what could bring back a version of a Cincinnati company founded more than 180 years ago.

Elliott Investment Management, a West Palm Beach, Fla.-based firm that manages $44 billion in client assets, has asked Charlotte, N.C.- based Duke to consider splitting up into three companies. Elliott, one of Duke’s 10 largest shareholders with at least $900 million in Duke…


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