Activist investor Cat Rock slashes stake in Staffline
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(Reuters) - Activist investor Cat Rock Capital has cut its stake in Staffline Group Plc by more than half, an official filing showed on Monday, less than a month after the British recruiter swung to a 2018 loss as it booked a charge for potential fines for underpaying workers.Cat Rock Capital cut its stake to 4.64% from a prior stake of 11.50% as of July 16, according to the filing.