Two men shake hands in Oak Brook, Illinois, U.S. (Photographer: Daniel Acker/Bloomberg)

Elliott Is in Advanced Talks to Buy QEP Resources

Jun 26 2019, 7:20 PMJun 27 2019, 4:07 AMJune 26 2019, 7:20 PMJune 27 2019, 4:07 AM

(Bloomberg) -- Elliott Management Corp. is in advanced talks to buy QEP Resources Inc., the oil and gas explorer it offered to buy in January, according to people familiar with the matter.