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The time has come for Saba to “do the decent thing” and respect shareholders’ views
AIC calls on Boaz Weinstein to respect other shareholders in Herald, Impax Environmental Markets and Edinburgh Worldwide.
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Please note that this research may have been paid for by the investment company. Any opinions and ratings are not endorsed by the AIC.
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Related industry news
Investec: Saba’s record as fund manager is a “cautionary tale” for investors in UK trusts the US activist wants to seize
If shareholders in Herald (HRI), Impax Environmental Markets (IEM) and Edinburgh Worldwide (EWI) investment trusts require any reminding of the peril ...
Impax Environmental Markets urges Boaz Weinstein to be “reasonable” and consider his reputation after Saba puts trust at risk by refusing to sell its stake in tender offer
Impax Environmental Markets (IEM) chair Glen Suarez has published an open letter to Saba boss Boaz Weinstein after his activist hedge fund refused to ...
Impax Environmental gets approval for 100% “continuation” tender offer in first part of its anti-Saba defence
Impax Environmental Markets (IEM) has passed the first hurdle in its effort to escape the clutches of Saba Capital, though, like Herald (HRI), the oth...
Saba appoints ex-Singer broker Sir James Waterlow as UK managing director
US activist hedge fund Saba Capital has hired corporate broker Sir James Waterlow, former partner at Singer Capital Markets, to take up a new role of ...
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