The board of Alliance Trust has issued a direct appeal to its 60,000 shareholders to reject a move by its largest investor to install a trio of new directors on the Dundee-based firm’s board. In a circular sent out yesterday, the Trust’s current bosses claimed that the boardroom shake up instiga
Alliance Trust
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Elliott Advisors, the US hedge fund group agitating for board changes at Alliance Trust has rebutted claims from the Dundee-based firm that its intentions are a threat to the company’s very existence. That claim was made on Friday by the 127 year-old Trust in a statement issued in response to Elli