Saba, Herald

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 successful
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 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.
Saba Capital Intends to Offer Shareholders of Herald Investment Trust PLC a 100% Cash Exit at 99% of NAV
"If shareholders support Saba's resolutions to reconstitute the HRI Board, Saba would encourage the new Board to offer all shareholders a 100% cash exit at 99% of the Trust's NAV. As a result, Saba expects that shareholders will have the opportunity to sell their entire position at 99% of NAV,
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.
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.
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.
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 ...
Herald urges investors to oppose Saba's 'opportunistic' coup plans
Saba wrote a letter last month to investors of seven trusts, including Herald, urging them to remove their boards and revamp ...
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 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 ...
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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, ...