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Activist investor Elliott urges Duke Energy to consider three-way separation

May 17 (Reuters) - Activist investor Elliott Management asked Duke Energy Corp to consider separating into three companies, in a letter sent to the U.S utility on Monday.

Elliott said the separation of Duke Energy into the Carolinas, Florida, and the Midwest should create $12 billion to $15 billion of line-of-sight near-term value for shareholders. (refini.tv/3u3gg5z) (Reporting by Rithika Krishna in Bengaluru; Editing by Shinjini Ganguli)

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