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Saba suit targets ASA closed-end fund for 'poison pill' strategy

02/01/2024

Saba Capital Management has filed a lawsuit against closed-end fund ASA Gold and Precious Metals Ltd. and its board of directors, a move the activist investor maintains is aimed at invalidating the fund's "discriminatory and unlawful shareholder rights plan." Saba has used the courts over the past several years to target ... Log in to view full article.

 


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