This content is from: Premium
Saba Wins Invesco Fight
The hedge fund is also locked in a bitter proxy battle with several BlackRock closed-end funds.
In separate regulatory filings on Monday, the credit hedge fund firm said it reached standstill agreements with the Invesco Dynamic Credit Opportunities Fund and the Invesco Senior Income Trust, each agreeing to purchase up to 15 percent of its shares at a price equal to 98.5 percent of the fund’s
To continue reading, subscribe now to Premium Journalism. Already a subscriber? Login.