Devon Rises After Report Activist Toms Capital Urges Sale

Shares of oil producer Devon Energy rise 3.2% to $48.43 Activist investor Toms Capital, in a letter, urges Devon to explore alternatives, including a sale, according to CNBC Toms is now one of Devon’s top five shareholders – letter viewed by CNBC CNBC reports that in meetings prior to sending its letter, Toms had encouraged … Read more