Market Chatter: HoldCo Won't Pursue Proxy Fights Against KeyCorp, Eastern Bankshares

MT Newswires Live

02/10

Activist investor HoldCo Asset Management said Monday at a conference that it won't pursue proxy fights against KeyCorp (KEY) and Eastern Bankshares (EBC) despite previously threatening to do so, Bloomberg reported.

HoldCo also said it now supports KeyCorp Chief Executive Christopher Gorman after previously calling for his firing, the report said.

KeyCorp and Eastern Bankshares didn't immediately reply to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 23.15, Change: -0.06, Percent Change: -0.26

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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p><p>Price: 23.15, Change: -0.06, Percent Change: -0.26</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4211","symbol_name":"区域性银行","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2610355650","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2610355650","pubTimestamp":1770658834,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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