TOMS Capital Urges Voya Financial to Consider Sale Options
TOMS Capital Investment Management, a major shareholder of Voya Financial (VOYA), has urged the company's board to evaluate strategic options including a potential sale due to persistent underperformance. The letter criticizes management for poor oversight and highlights concerns over the Benefitfocus acquisition as a key factor in Voya’s lower valuation.
Tickers: $VOYA
Topics: Benefitfocus Acquisition Corporate Governance TOMS Capital Voya Financial