Oncor, Donald Trump Jr., Aggies: Your Tuesday Morning Roundup

Good morning!Here is a look at the top headlines as we start the day.🌤️ Weather: Sunny and humid. High: 96°👋 Stay in touch: Do you want to get this roundup via email? Sign up for our newsletters here.Activist hedge fund wants to block or sweeten Warren Buffett's offer for OncorAn activist Wall Street hedge fund is trying to stop -- or at least rewrite -- the latest offer to buy Texas' largest regulated utility Oncor out of bankruptcy court. Elliott Management, founded by billionaire Paul Singer and known for its aggressive tactics, sent a letter to Energy Future Holdings calling the latest offer from Berkshire Hathaway too little and touting the hedge fund's earlier proposal. Berkshire announced last week that key stakeholders -- including Texas regulators -- are in favor of its deal to buy Oncor, the state's largest regulated utility that owns and operates most North Texas' power lines.Editorial: Fingers crossed on Buffett's bid to buy Oncor, parent company EFH.Commentary: Why Warren Buffett's plan to buy Texas electricity giant Oncor is a winner.  Continue reading...

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