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IN BRIEF: Gabelli Value Plus+ Still Backs Voluntary Liquidation

6th Oct 2020 19:10

Gabelli Value Plus+ Trust PLC - US equities investor - Still believes it is best to put voluntary liquidation to shareholders. "Further, the resounding feedback from an absolute majority of all shareholders is that they want a liquidation of the company and return of their (and their underlying investors) capital as soon as practicable," Gabelli said. If proposal does not pass, company will return capital to shareholders through tender offer.

Current stock price: 122.00 pence

Year-to-date change: down 7.2%

By Eric Cunha; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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