|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||177.60 - 178.97|
|52 Week Range||141.92 - 179.99|
|PE Ratio (TTM)||19.53|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Elliott Management Corp, the largest creditor of the bankrupt parent of Oncor Electric Delivery Co, has tried to best Berkshire Hathaway Inc's deal for the Texas utility with a bid worth $18.5 billion, including debt. A U.S. bankruptcy judge in July gave Elliott Management Corp until Aug. 21 to formalize its plans to bid on Oncor Electric Delivery Co before the court approves the offer for the utility from Berkshire Hathaway. "We appreciate the continued opportunity to collaborate with many stakeholder groups in Texas and thank them for their outstanding support, which sets our offer apart from any other bid," Berkshire Hathaway Energy Chairman and Chief Executive Greg Abel said in a statement.
Elliott Management has purchased a slice of debt that would ensure the hedge fund’s ability to block Warren Buffett’s deal to buy power-transmission business Oncor, according to people familiar with the ...
The energy unit of Warren Buffett's Berkshire Hathaway Inc said on Wednesday it will stand firm on its $9 billion offer to acquire 80 percent of Oncor Electric Delivery Company LLC and will not be increasing ...