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The cheap option ?: why the Gold Coast may be on track to build the most expensive light rail in the world | Australia news

The cheap option ?: why the Gold Coast may be on track to build the most expensive light rail in the world | Australia news
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Keybridge Capital s Nick Bolton tries to round up 99 like-minded Magellan unitholders to force the company to the negotiating table

The activist investor has told them that, if the discount in the Magellan Global Fund persists, they are leaving “some $500 million on the table”.

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Magellan and Nick Bolton fight getting stuck in the mud

The activist investor has accumulated a large number of options in the Magellan Global Fund, a closed-end strategy that listed in 2017.

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