Hedge fund Elliott Management Corp., dissatisfied with Berkshire Hathaway Inc.’s $9 billion deal to buy electricity-transmission business Oncor, is considering making a competing bid, according to people familiar with the matter. Elliott is the biggest bondholder of bankrupt Energy Future Holdings Corp., which owns an 80% stake in Oncor and agreed to sell itself to Warren Buffett’s Berkshire on Friday. Court papers indicate that...

Source: Wall Street Journal July 07, 2017 23:03 UTC