- Jana Partners sends a new letter to QEP Resources (QEP +3.8%) pressing for a separation of the company's midstream business "to unlock its true value."
- The activist fund, which owns 7.6% of QEP, also wants to add board members and see non-core asset sales and dropdowns.
- Chairman/CEO Charles Stanley "is unwilling to accept that true value maximization requires the full implementation of this plan, most importantly the immediate separation" of the field services operations, the letter says.
From other sites
at CNBC.com (Dec 29, 2014)
at CNBC.com (Dec 22, 2014)
at CNBC.com (Dec 12, 2014)
at CNBC.com (Dec 1, 2014)
at CNBC.com (Nov 20, 2014)
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