Third Point Investors wins battle to switch strategies
Trust to merge with reinsurer Majority of investors in favour Deal comes after Saba campaign The impact of Saba's Capital drive late last year to shake up the UK investment trust industry continues to reverberate, with a majority of shareholders approving plans for Third Point Investors (TPOU) to merge with Malibu Life Reinsurance instead of investing in Dan Loeb's Third Point hedge fund....
