Hedge Funds Set Sights On Energy Co. Williams' Board Seats

Law360, New York (December 17, 2013, 6:54 PM EST) -- Two activist hedge funds questioned the performance of energy infrastructure company Williams Cos. Inc. in a U.S. Securities and Exchange Commission filing Monday disclosing the activists' efforts to change the course of the company.

Corvex Management LP, run by Keith Meister, and Soroban Capital Partners LLC, run by Eric Mandelblatt, disclosed in the filing that they are in discussions with the Williams board of directors to improve the company's performance.

Corvex and Soroban believe that combined they control the largest interest in Williams, owning 5.28 percent...
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