LONDON (Reuters) - Activist firm TCI Fund Management might call an extraordinary shareholder meeting to oust London Stock Exchange Group (LSE.L) chairman Donald Brydon, a source close to the firm told Reuters.
Chris Hohn’s London-based hedge fund firm TCI may write to the board to request the meeting on Thursday afternoon after it first sent a letter asking for Brydon to step down last week.
A spokesman at LSE declined to comment.
Sky News reported earlier on Thursday that TCI was ‘plotting’ an imminent move to unseat Brydon.
Reporting by Maiya Keidan; Editing by Rachel Armstrong