Hedge Fund Toms Capital Turning Up Pressure On Voya Financial To Sell Itself - WSJ - VOYA News | RalliesHedge Fund Toms Capital Turning Up Pressure On Voya Financial To Sell Itself - WSJ
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VOYA• Toms Capital increases pressure on Voya
- Hedge fund Toms Capital is turning up pressure on Voya Financial to sell itself, the Wall Street Journal reported.
- Toms Capital plans to call for a vote of no confidence in Voya’s management team and board, according to the report.
- TCIM holds a roughly 4.5% stake in Voya, making it one of the company’s largest shareholders.