The board of Herald investment trust has criticised Saba for its proposed cash exit offer to shareholders should it gain ...
Herald board responds to Saba's announced plans to offer a cash exit, should its attempts to appoint its own directors be ...
Saba Capital Management, L.P. (together with certain of its affiliates, "Saba" or "we"), which owns approximately 20.9% of Herald Investment Trust PLC (HRI:LSE) ("HRI" or the "Trust"), today issued th ...
US activist hedge fund Saba Capital has shared intentions to offer shareholders of Herald investment trust a cash exit ...
The hedge fund attempting to seize control of seven London-listed funds is hoping to win over Herald Investment Trust ...
Saba Capital Management, L.P. (together with certain of its affiliates, "Saba" or "we"), today issued the following statement regarding its support for an offer to shareholders of Herald Investment ...
(Alliance News) - Saba Capital Management LP on Thursday offered shareholders of Herald Investment Trust PLC a full cash exit at 99% of net asset value if Saba's attempts to reconfigure the board are ...
(Alliance News) - Herald Investment Trust PLC on Thursday urged shareholders to vote against resolutions proposed by Saba Capital Management LP at the upcoming general meeting, citing the hedge fund’s ...
Herald Investment Trust was launched in January 1994 with a remit to generate capital appreciation through investments in ...
Saba, founded and run by star activist investor Boaz Weinstein, said last month it wanted to overhaul the boards of seven British investment trusts over performances it said ranged from "underwhelming ...
Saba wrote a letter last month to investors of seven trusts, including Herald, urging them to remove their boards and revamp ...
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 ...