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Home›US Markets›M&A & Deals›Activist investor urges Devon Energy to explore strate…

Activist investor urges Devon Energy to explore strategic alternatives

Reported · Written up by our desk · M&A & Deals

CNBC Markets reports that activist investor Toms Capital has sent a letter to Devon Energy urging the company to explore strategic alternatives, including a potential sale.

Toms Capital, which manages just over $4 billion in assets, said in the letter that it is now one of Devon's top five shareholders.

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Sources

CNBC MarketsActivist Toms Capital urges Devon Energy in letter to explore alternatives, including a sale

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