-
Saba suffers sixth defeat in investment trust saga as ESCT sweeps US hedge fund aside
05 Feb 2025 16:26 GMT
… they vote against US hedge fund's takeover
He continued: "Our …
-
Wall Street banks offload $5.5bn in debt linked to Musk’s Twitter takeover
05 Feb 2025 21:24 GMT
… from Elon Musk’s $44bn takeover of Twitter sold large chunks … to fund Musk’s 2022 takeover themselves after his ownership of … finance the transaction, given some hedge funds had offered Morgan Stanley and …
-
Henderson Opportunities and CQS shareholders brush Saba aside as they vote against US hedge fund's takeover
04 Feb 2025 22:18 GMT
In the fourth and fifth votes of the ‘Saba seven' today (4 February), the US group saw 65.36% of the total votes cast against the resolutions in the HOT meeting, while CQS saw a 68% turnout, with over 59% of votes cast against Saba's requisitioned …
-
London trusts 5 Wall St raider 0: US hedge fund tycoon defeated again as two more funds decisively reject takeover bids
04 Feb 2025 22:16 GMT
… trusts have fought off a takeover attempt by a Wall Street … its own nominees.
The American hedge fund tycoon has been defeated by … pave the way for the hedge fund to succeed.
But in a …
-
Two more investment trusts REJECT Saba takeover as US hedge fund suffers five consecutive defeats
04 Feb 2025 21:42 GMT
… funds rejected the hedge fund’s takeover proposals.
Henderson Opportunities … and management.
The hedge fund accuses boards and … rights unconnected to the hedge fund backed Saba.
Meanwhile … shareholders voting against the hedge fund.
Saba ultimately wants …
-
Saba Capital loses double vote on Baillie Gifford trust takeovers
03 Feb 2025 18:42 GMT
… votes were cast against the hedge fund in US Growth’s general … voted to kill the activist hedge fund’s proposals.
Four more investment … to vote on a Saba takeover, with three due to vote … this week.
Saba launched a takeover campaign against the seven trusts …
-
Saba takeover rejected by Baillie Gifford US Growth and Keystone Positive Change investors
03 Feb 2025 16:58 GMT
… investment trusts targeted by hedge fund Saba's plans … Positive Change shareholders rejected the hedge fund's proposals.
The … and management, which the hedge fund has accused of failing to … votes put to investors.
Takeover plans: Saba founder Boaz …
-
Baby-faced DOGE team tearing down US gov
06 Feb 2025 09:49 GMT
… . He previously interned at hedge fund Bridgewater Associates, as well … feels like a hostile takeover of the machinery of … agency — just its focus.”
‘Takeover’ sounds alarm bells
The scale … said “this Elon Musk attempted takeover … will not stand”.
“DOGE …
-
The Young, Inexperienced Engineers Aiding Elon Musk’s Government Takeover
02 Feb 2025 19:08 GMT
Elon Musk’s takeover of federal government infrastructure is … this feels like a hostile takeover of the machinery of governments … intern at the Bridgewater Associates hedge fund as of last spring and …
-
Krispy Kreme owner JAB to buy Elliott-backed insurer Prosperity Life
05 Feb 2025 21:24 GMT
… , buying a firm owned by hedge fund Elliott Management as part of … that a $50bn wave of takeovers during the post-crisis era … best known for its activist hedge fund — bought the life insurer in …