Daily Mail Takeover; Standard Lithium Fights Back
What’s New in Activism – Daily Mail TakeoverTwo large shareholders in Daily Mail and General Trust PLC (LON:DMGT) expressed their opposition to a take-private bid by Lord Rothermere. Q3 2021 hedge fund letters, conferences and more JO Hambro Capital Management said on November 26 that it was "underwhelmed and unconvinced" by the takeover proposal. A family investment vehicle controlled by Jonathan Harmsworth, Lord Rothermere, made an offer to buy out the Daily Mail for 2.9 billion pounds, including a special dividend and cash returns from the sale of the insurance business and the listing of C...