Reuters: Activist Fund TCI Asks EADS to Sell Dassault Stake
Activist hedge fund TCI has written to EADS' chief executive demanding the aerospace company sell its stake in Dassault Aviation, a maker of the Rafale fighter jet, saying the 4 billion euro ($5.3 billion) holding was "a poor use of capital" and the proceeds should be given to shareholders, Reuters reported.
5 August 2013•4 mins read
