Monday, December 23, 2024

Elliott Urges Energen to Explore Sale

Posted by August 17, 2017

Activist investor Elliott Management Corp is urging U.S. oil and gas producer Energen Corp, which is already under pressure from top shareholder Corvex Management, to explore a sale, the Wall Street Journal reported on Thursday.


New York-based Elliott owns 4 percent to 5 percent of Energen, the Journal reported, citing people familiar with the matter.


Reuters could not immediately reach Elliott for comment.

 

Reporting by John Benny

Related News