Activist investor Elliott pushes for change at NRG Energy

(Reuters) – Activist investor Elliott Investment Management on Monday urged NRG Energy (NRG.N) to make leadership and capital allocation changes, and called the U.S. utility’s recent acquisition of Vivint Smart Home a “strategic misstep”. The company’s shares rose 4.5% to $34.21 in early trading after Elliott’s letter. Elliott called for a review of the company’s home … Read more

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