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BlackRock, Saba in 'win-win' agreement over two CEFs

01/22/2025

BlackRock will conduct tender offers to repurchase common shares of two of its closed-end funds, part of a standstill agreement that will hold off Saba Capital Management's targeting of the funds' performance and governance practices for three years. Boaz Weinstein, Saba's founder and CIO, said on the X social media platform ... Log in to view full article.

 


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