Aug 6 (Reuters) – Taiwan-based investment firm Argyle Street Management is facing Catcher Technology Co Ltd (2474.TW), a supplier to Taiwan-based Apple (AAPL.O), to improve its management and return some $4.2 billion of its Net cash to shareholders, Financial Times mentioned On Saturday, citing people familiar with the discussions.
The Financial Times report added that Argyle owns about 1% of Catcher’s stock.
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The report was submitted by Akanksha Khushi in Bengaluru; Editing by Lisa Schumaker
Our criteria: Thomson Reuters Trust Principles.
