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David Faber

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  • Anchor & On-Air Editor, CNBC
New York
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Articles

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

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By David Faber Verified
| MSN Verified
Activist hedge fund Toms Capital Management sent a letter earlier this month to Devon Energy urging the Houston-based oil and gas company to review strategic alternatives, including a sale. Toms, which manages just over $4 billion in assets, says in the letter viewed by CNBC it is now one of Devon's top five shareholders. The hedge fund was outside of the 10 biggest Devon holders as of the end of June, according to the latest filings.
Open in Who Shared Issue with article?

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

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By David Faber Verified
| CNBC Verified
watch now Activist hedge fund Toms Capital Management sent a letter earlier this month to Devon Energy urging the Houston-based oil and gas company to review strategic alternatives, including a sale. Toms, which manages just over $4 billion in assets, says in the letter viewed by CNBC it is now one of Devon's top five shareholders. The hedge fund was outside of the ten biggest Devon holders as of the end of June, according to the latest filings.
Open in Who Shared Issue with article?

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

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By David Faber Verified
| MSN Verified
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