RCS - Coast Capital Mgmt - Coast and chorus of investors against FGP proposal
24/05/2021 12:35
Coast Capital and a chorus of investors, along with Glass Lewis, recommend against FirstGroup's current sale proposal
Coast Capital notes the statement by FirstGroup PLC dated May 21st, and herein seeks to clarify several misleading claims made by the company, and to again ask shareholders to vote against this proposal unless the upfront offer is meaningfully improved, and the board commits more proceeds to shareholders. Please see the link to our full announcement and presentation below.
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