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Algonquin Power up after Reuters says Corvex joins activist peers
The Fly

Algonquin Power up after Reuters says Corvex joins activist peers

Activist firm Corvex Management, which is led by Keith Meister, has built a stake in Algonquin Power and is joining other activist investment firms pushing for changes at the company, people familiar with the matter told Reuters’ Svea Herbst-Bayliss and David French. Corvex met with Algonquin’s management last week for the first time in a meeting described as "friendly in nature," the sources added. Algonquin shares are up 2% following the report. Reference Link

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