The GVP board hopes ACG will vote in favour of liquidation
Associated Capital Group (ACG) has been urged to back a proposed members’ voluntary liquidation resolution by the board of Gabelli Value Plus+ Trust (GVP), as it looks to end a long-running dispute between shareholders.
The GVP board said it would shortly publish a circular to shareholders convening a general meeting, at which it would propose placing the company into members’ voluntary liquidation.
This, the board said, would be the most straightforward and cost-effective way of effecting “the clearly expressed desire of the majority of shareholders’ for a discontinuation of the company”.
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Read the full article at: https://www.investmentweek.co.uk/news/4025858/gvp-board-urges-acg-end-long-running-dispute-vote-liquidation
