Walter Energy says hedge fund to nominate dissident slate

Tue Feb 19, 2013 3:59pm EST

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Feb 19 (Reuters) - Coal miner Walter Energy Inc said on Tuesday it had received notice that an affiliate of hedge fund Audley Capital Advisors LLP plans to nominate a slate of five directors to its board.

The company said it had not had contact with Audley aside from the notice of intent.

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

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