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Tuesday's Afternoon Update

Tuesday's Afternoon Update
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Nina E. King Named Duke's Vice President and Director of Athletics

Nina E. King Named Duke's Vice President and Director of Athletics
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Duke Energy Pushes Back On Hedge Fund's Call For Company Reorganization

Duke Energy Pushes Back On Hedge Fund's Call For Company Reorganization
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Elliott Investment Management Sends Letter to Board of Directors of Duke Energy Corporation

Elliott Investment Management L.P. ("Elliott"), which manages funds that have an investment in Duke Energy Corporation ("Duke" or the "Company") that make it a top 10 investor in the Company, today sent a letter to Duke's Board outlining a plan to create $12 to $15 billion of line-of-sight near-term value for shareholders. Elliott explained that this value upside is based on observable publicly traded market valuation metrics of Duke's closest peers and does not incorporate meaningfully higher valuations realized in recent transactions in Florida and Indiana, which would result in several billion dollars of incremental value. ....

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