The IFC Rebellion: Shareholder Activism Or Hedge Fund Aggression?
The rebelling shareholders of The Indian Film Co. Ltd, the AIM, London-listed speciality film investment firm part owned by Network18 Group promoter Raghav Bahl, may be able to gain some concessions at the extraordinary general meeting scheduled for Feb. 5, including their own representative on the board, reports The Economic Times, citing
Sruthijith,
First of all welcome, I'm hoping your stint at Mint will lead to some great financial insight into the digital arena. Also, excellent jump from Mint, they seem to be imploding as we speak!
The IFC rebellion looks more like hedge fund aggression.
Hi SK,
All the very best for the new endevour; will be keenly awaiting as insightful and breaking news stories that you were routinely churned out at Mint.
PS: Didn't know Mint was exploding; very much to the contrary, HTML is planning to expand the franchise over time. 2 years is anyway hardly the time to just a pub like Mint (unless its Metro Now). Having said that, keep me updated :)
AcK
Thanks Manish, AcK. Keep coming back!