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Elliott Management hires Moelis for $9.3 billion Oncor bid: Sources

10:38 AM ET Thu, 13 July 2017

CNBC’s David Faber reports on Paul Singer’s hedge fund, Elliott Management, hiring Moelis to raise capital for its $9.3 billion bid on Oncor. The bid from Singer puts his hedge fund in competition with Warren Buffett for Oncor.