Saba, Herald

Saba to offer exit strategy for Herald investment trust shareholders if vote passes
US activist hedge fund Saba Capital has shared intentions to offer shareholders of Herald investment trust a cash exit opportunity if its efforts to reconstitute the board of directors are successful.
Saba lures in Herald shareholders with cash exit offer
The hedge fund attempting to seize control of seven London-listed funds is hoping to win over Herald Investment Trust investors with the offer of a cash exit.
Boaz Weinstein's Saba Offers Cash Exit to UK Investment Trust Shareholders
(Reuters) - 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 its shareholders' approval for a board overhaul.
Herald investment trust hits back at Saba over proposed cash exit strategy
The board of Herald investment trust has criticised Saba for its proposed cash exit offer to shareholders should it gain control of the trust’s board.
Saba offers Herald Investment Trust shareholders full cash exit
(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 successful.
Boaz Weinstein's Saba woos UK trust's shareholders with cash exit
U.S. hedge fund Saba Capital Management will offer shareholders of UK's Herald Investment Trust a full cash exit at 99% of their net asset value, it said on Thursday, as it sought to win their approval for a board overhaul.
portfolio-adviser.com1d
Update: Saba plans full cash exit option for Herald
Herald board responds to Saba's announced plans to offer a cash exit, should its attempts to appoint its own directors be ...
MoneyWeek1d
“Self-interested and misleading”: investment trusts hit back at Saba's proposals
Managers of the investment trusts targeted by activist investor Saba have urged shareholders to vote against plans to replace ...
FE Trustnet9h
Performance, discounts and liquidity: Experts dismiss Saba’s biggest concerns
News archive including articles on Fund Managers, Fund Selection, Asset Allocation, Absolute Return, Offshore Investments, ...
One of the great success stories of the UK’s investment industry is under attack
Herald Investment Trust was launched in January 1994 with a remit to generate capital appreciation through investments in ...
Saba Capital Corrects Herald Investment Trust PLC’s Misleading Claims About Its Campaign to Deliver Shareholder Value
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 ...
Boaz Weinstein's Saba offers full cash exit to UK investment trust shareholders
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 ...