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Find out More(Repeats APRIL 22 story. No change to text.) * Rebel investor has urged review of in-house management * Investor Elliott has nominated 3 new independent non-execs * Shareholders due to vote on Elliott nominees on April 29 By Sinead Cruise and Nishant Kumar LONDON, Ap
Read more* Rebel investor has urged review of in-house management * Investor Elliott has nominated 3 new independent non-execs * Shareholders due to vote on Elliott nominees on April 29 By Sinead Cruise and Nishant Kumar LONDON, April 22 (Reuters) - Alliance Trust has no plans to r
Read moreLONDON, April 21 (Reuters) - Tilney Bestinvest, an investment advisory firm managing the voting interests of many 'mom and pop' shareholders in Alliance Trust, has said it will back activist Elliott Advisors in its campaign for a revamp of the trust's board. Elliott, which has criticised th
Read moreLONDON, April 20 (Reuters) - Top-10 Alliance Trust investor DC Thomson & Co Ltd said it would vote against activist hedge fund Elliott Advisors' resolution to nominate three new directors to the board. Elliott in March launched a campaign to install new directors at the 126-year-old firm,
Read moreLONDON, April 17 (Reuters) - A campaign for the installation of new board directors at British investment group Alliance Trust has gained partial support from shareholder advisory group Glass Lewis. Activist hedge fund Elliot Advisors is campaigning for the appointment of three directors at
Read more(Adds response from former director and shareholder) LONDON, April 17 (Reuters) - Alliance Trust Chairwoman Karin Forseke sought to rally support in a fight to derail Elliott Advisors' plan to overhaul her board on Friday, asking investors to consider who they "trust" to run the 126-year o
Read moreLONDON, April 17 (Reuters) - Alliance Trust Chairwoman Karin Forseke sought to rally support in a fight to derail Elliott Advisors' plan to overhaul her board on Friday, asking investors to consider who they "trust" to run the 126-year old firm. Rebel shareholder Elliott, which has made a
Read more(Adds response from Alliance Trust) LONDON, April 16 (Reuters) - Shareholder advisory group Institutional Shareholder Services Inc (ISS) has weighed in to the debate about governance at Alliance Trust by backing a board overhaul plan proposed by activist shareholder Elliott Advisors.
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