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Saba, Herald Investment Trust
Boaz Weinstein's Saba woos UK trust's shareholders with cash exit
U.S. hedge fund Saba Capital Management will offer shareholders of UK's Herald Investment Trust a full cash exit at 99% of their net asset value, it said on Thursday, as it sought to win their approval for a board overhaul.
Update: Saba plans full cash exit option for Herald
Herald board responds to Saba's announced plans to offer a cash exit, should its attempts to appoint its own directors be successful
Saba lures in Herald shareholders with cash exit offer
The hedge fund attempting to seize control of seven London-listed funds is hoping to win over Herald Investment Trust investors with the offer of a cash exit.
Boaz Weinstein's Saba offers full cash exit to UK investment trust shareholders
U.S. hedge fund Saba Capital Management said on Thursday it would offer shareholders of UK's Herald Investment Trust a full cash exit at 99% of their net asset value, in a bid to win over the shareholders' approval for a board overhaul.
Weinstein’s Move on UK Investment Trusts Sets Up Showdown
Two trusts run by Janus Henderson Group Plc have hit back at proposals by Boaz Weinstein’s Saba Capital Management, the latest in a series of trusts urging shareholders to reject the activist hedge fund’s campaign.
MoneyWeek
1d
“Self-interested and misleading”: investment trusts hit back at Saba's proposals
Managers of the investment trusts targeted by activist investor Saba have urged shareholders to vote against plans to replace ...
FTAdviser
1d
AIC calls on platforms to act on Saba investment trust vote
The Association of Investment Companies has urged shareholders to vote in upcoming general meetings on the takeover of seven ...
1d
on MSN
Second major fund manager joins calls for shareholders to reject Saba coup
Janus Henderson has joined rivals in urging investors of its London-listed investment trusts to reject a takeover attempt ...
MoneyWeek
16h
Saba Investments - why it sees an opportunity in UK investment trusts
Described as the Pirates of the Caribbean, Max King looks at why ever-widening discounts may have created an opportunity for ...
1d
on MSN
Boaz Weinstein's Saba Offers Cash Exit to UK Investment Trust Shareholders
(Reuters) - U.S. hedge fund Saba Capital Management said on Thursday it would offer shareholders of UK's Herald Investment Trust a full cash exit at 99% of their net asset value, in a bid to win over ...
2d
Police sappers remove rocket remnants from Kfar Saba school
Police sappers (bomb disposal personnel) removed the remnants of an old rocket discovered at a school in Kfar Saba, the ...
Investment Week
2d
Pair of Janus Henderson trusts set date for general meetings requisitioned by 'self-serving' Saba
Two investment trusts managed by Janus Henderson have set the dates for their upcoming general meetings in which shareholders ...
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