Activist Hedge Fund TCI Cuts Stake in London Stock Exchange

(Reuters) Activist hedge fund TCI has cut its stake in London Stock Exchange Group Plc, less than a year after its push to oust the stock exchange’s chairman failed. TCI, founded by Chris Hohn and the third largest shareholder in LSE, has cut its stake to 1.79 percent from 5.05 percent, according to a regulatory filing earlier this week.

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