Spectra Energy Corp.’s (SE) recent announcement that it would accelerate dropdowns to Spectra Energy Partners (SEP) did not placate activist investor Sandell Asset Management, which has called again for further action and threatened to seek changes to the company’s board.
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Activist Shareholder Not Appeased by Spectra Dropdown Plan
Spectra Energy Corp.’s (SE) announcement last week that it would accelerate dropdowns to Spectra Energy Partners (SEP) lifted the company’s shares but did not placate activist investor Sandell Asset Management, which Monday called again for further action and threatened to seek changes to the company’s board.
June 18, 2013
Great Plains, Aquila Strike Kansas Deal; Missouri Is Last Obstacle
Great Plains Energy Inc. has cleared the decks for the Kansas Corporation Commission (KCC) to approve its acquisition of Aquila Inc., the company said Wednesday. Now it must placate regulators in Missouri to see the deal go forward.
February 29, 2008