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Kimmeridge says Devon (DVN) board should pursue the sale of the whole company; says co. is unwilling to make difficult decisions and the board lacks credibility in its strategy
ORIGINAL · NewsquawkKimmeridge says Devon (DVN) board should pursue the sale of the whole company; says co. is unwilling to make difficult decisions and the board lacks credibility in its strategy
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Kimmeridge urged Devon’s board to pursue a whole-company sale and criticized its strategy. Separately, TCIM described Devon’s review outcome and reported an assurance about engaging interested parties.
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