RDL Realisation logo

RDLZ - RDL Realisation News Story

121.5p 0.0  0.0%

Sector
Financials
Size
Market Cap £n/a
Enterprise Value £n/a
Revenue £n/a
Position in Universe th / 1800

BRIEF-Oaktree Releases Open Letter Following Proposal From Ranger Direct's To Appoint Ares As Investment Manager

Fri 4th May, 2018 7:25am
May 4 (Reuters) - Oaktree:
    * OAKTREE RELEASES AN OPEN LETTER TO RANGER SHAREHOLDERS
FOLLOWING
PROPOSAL FROM RDL BOARD TO APPOINT ARES AS INVESTMENT MANAGER
    * EXPRESS "DEEP DISAPPOINTMENT" WITH RANGER DIRECT BOARD
PROPOSAL
TO APPOINT ARES MANAGEMENT AS ITS NEW INVESTMENT MANAGER
    * RANGER'S BOARD MADE NO ATTEMPT TO RESPOND TO VALID
FUNDAMENTAL
CONCERNS RAISED IN PUBLICLY-RELEASED APRIL 11 LETTER
    * CONTINUE TO BELIEVE THAT WIND-DOWN REPRESENTS CLEAR BEST
OPTION
FOR SHAREHOLDERS

Source text for Eikon:  ID:nBw1K6j69a 
Further company coverage:  RDL.L 

 ((Reuters.Briefs@thomsonreuters.com;))
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.