IN BRIEF: Weiss Asset support falls for Amedeo Air Four Plus deal
Amedeo Air Four Plus Ltd - investment company that buys, leases and sells aircraft - Says non-binding letters of support from Weiss Asset Management, in relation to the agreed acquisition of Amedeo Air Four by LAC 10 LLC, now cover only 6.3 million shares, representing 2.4% of Amedeo's issued share capital. This is down from 14.1 million shares, or 5.4%, noted on Friday when the acquisition was announced. Notes the letters of support are for and on behalf of Brookdale Global Opportunity Fund and Brookdale International Partners LP. The support reduction follows Weiss's announcement of a reduction in its long position over Amedeo Air Four Plus shares under swaps. Read More