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Alliance Trust to buy back shares owned by U.S. activist fund Elliott

LONDON (Reuters) - Alliance Trust will buy back the 19.75 percent of its shares owned by U.S. activist investor Elliott Management, the Scottish asset manager said on Friday, following pressure from... [Source]

Publication Date:

Origin: reuters.com

Category: innovationNews

Topics: Elliott, activist, owned, shares, Trust, Alliance, pressure, following, manager, asset, Scottish, Management, investor, percent, (Reuters), LONDON

Source: http://feeds.reuters.com/~r/news/deals/~3/wM0JO17xoBQ/us-alliance-tr-elliott-idUSKBN15B0MS