DC Thomson, Alliance Trust’s third-largest shareholder with a 5.5% stake, has vowed to vote against resolutions floated by activist hedge fund Elliott Advisors seeking to install three new non-executive directors at the £3.6bn UK investment trust.
Asset Management
DC Thomson to oppose Elliott candidates at Alliance Trust AGM
DC Thomson, Alliance Trust’s third-largest shareholder with a 5.5% stake, has vowed to vote against resolutions floated by activist hedge fund Elliott Advisors seeking to install three new non-executive directors at the £3.6bn UK investment trust.
