AVI’s Complaint Against Third Point Makes Little Sense

AVI has pressured a closed-end fund run by Third Point to buy it out at the Net Asset Value, & it has protested that its share ownership structure makes it difficult to obtain such an outcome. However, that is a feature, not a bug, of the ownership structure, & appears to be beneficial to investors.

Source: https://www.forbes.com/sites/ikebrannon/2021/07/16/avis-complaint-against-third-point-makes-little-sense/

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