Alliance Trust's shares rise 3% as board makes 'radical' changes

Garrett-Cox to step down from board

Jayna Rana
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Alliance Trust's share price has risen 3% to 472p this morning, following the announcement of the "biggest changes in the trust's history".

These include a radical shake-up of the £2.5bn trust's board, which will become "fully independent, comprising solely non-executive directors". What can trust boards learn from Alliance vs Elliott spat?...

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