Saba Deals

Jan 9, 2025 | dailybusinessgroup.co.uk | Terry Murden |Baillie Gifford |Boaz Weinstein |Saba Deals

Saba Capital Management is offering shareholders in Herald Investment Trust a full cash exit near net asset value if they back its efforts to replace the board. The New York based asset manager, led by Boaz Weinstein, is targeting seven investment trusts, demanding that they fire their boards and hire new directors.