Permian Basin pure-play Energy Corp. is facing another battle for control as hedge fund Corvex Management, long critical of management and now holding two board seats, has teamed with activist investor Carl Icahn to get involved in a strategic review underway.
Corvex
Articles from Corvex
Williams Targeted by Activist Investor as Energy Transfer Fallout Continues
Williams said Monday it is “unfortunate” that Corvex Management LP has mounted a proxy fight to nominate a slate of 10 directors to the Williams board following news that Williams earlier this year rejected a takeover bid from Enterprise Products Partners LP.
August 22, 2016