Elliott Throws Out Alliance Defence Document as Row Escalates - uk.reuters.com -BoardProspects

Elliott Throws Out Alliance Defence Document as Row Escalates

uk.reuters.com Mar 31 2015 BoardNews

LONDON (Reuters) - Elliott Advisors, the shareholder seeking a boardroom shake-up at Alliance Trust , threw out the trust's defence of its performance, costs, and dividend policy on Tuesday, and reiterated calls for the election of three new directors...
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1. Recent public comments by a former director of the Company about the lack of open debate in the board room has strengthened our view that added independence and a fresh perspective is needed to improve Alliance Trust.
Topics Mentioned
- human rights
- Dividend
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- Reutersuk