The Perpetual Income & Growth trust's attempted takeover of Securities Trust of Scotland might invol...
The Perpetual Income & Growth trust's attempted takeover of Securities Trust of Scotland might involve only two companies but the outcome could signal the future direction of the industry as a whole. In the headline-grabbing recent period of offer and counter offer between the two, the simple facts of the situation could not be clearer - a good trust with consistent outperformance is seeking to take over a bad one with long-term underperformance. And while the result, to be announced on 9 May, might seem a foregone conclusion, the power of inertia has often proved key in the world of fina...
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