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Elliott Advisors Offers Alternative To $10.1B EDP Takeover

By Darcy Reddan (February 14, 2019, 4:20 PM EST) -- Elliott Advisors said in a letter to the Energias De Portugal board of directors on Thursday that the company must reinvest in its renewables portfolio instead of moving ahead with an approximately €9 billion ($10.1 billion) takeover offer that would leave the company "weaker, more volatile, and with a less attractive portfolio."...

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