Elliott Management Discloses 11.3M Share Stake in Evergy (EVRG)
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Evergy (EVRG) open to evaluating opportunities that may create greater value, Elliott has different views regarding strategic plan
January 21, 2020 3:38 PM ESTEvergy, Inc. (NYSE: EVRG), a vertically integrated, regulated, investor-owned electric utility created by the merger of Westar Energy and Great Plains Energy in June of 2018, today issued the following statement regarding the dialogue the Company has had with Elliott Management Corporation (Elliott):
In October 2019, we were approached by Elliott, which proposed two alternative paths for the Company to consider:
1. Evergy should immediately initiate a process to explore the sale of the Company or some other business combination;
2. Evergy should... More
