Argo Group said that activist investor Voce Capital Management has backed down in its proxy fight with the carrier because it failed to garner investor support, not because of regulatory blocks, as the acrimonious proxy battle nears its end.
Argo Group said that activist investor Voce Capital Management has backed down in its proxy fight with the carrier because it failed to garner investor support, not because of regulatory blocks, as the acrimonious proxy battle nears its end.