‘Too little, too late’, says Argo activist after potential sale announcement
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‘Too little, too late’, says Argo activist after potential sale announcement

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Outspoken Argo activist investor Ron Bobman has accused the insurer’s board of acting “too slowly” after it bowed to pressure today and issued an announcement that it was considering a potential sale.

In a statement to this publication, Bobman said: “The board has repeatedly acted too slowly, too little and/or too late.

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