Hedge fund Livermore calls for board change at Volt Information

Reuters – Hedge fund Livermore Partners is pushing for change at U.S. staffing services provider Volt Information Sciences Inc , setting the stage for a potential proxy battle if the company does not act on its demands.

The fund called on Wednesday for Volt to overhaul its board by adding independent directors. It also wants it to sell non-core assets and buy back stock, said David Neuhauser, Livermore’s managing director.

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