KeyCorp hit by major activist push as Hold Co demands CEO ouster,
bigger buybacks and possible sale to PNC or Wells Fargo
opalesque
5 months ago
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Activist hedge fund Hold Co has launched a campaign against KeyCorp, demanding the removal of the CEO, larger share buybacks, and the exploration of a sale to rivals like PNC or Wells Fargo. The activist argues the bank has underperformed and requires significant strategic changes. This represents a... Article link
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