SQUAWK/NEWS
Account
Theme
Account
Menu
Live News EARNINGS ARTICLE L impact

GSF board backs orderly asset sales, opposes accelerated wind-up

The board reaffirmed an orderly asset-sales and annual distribution strategy, saying recent sales and dividends show progress and opposing Saba’s resolutions calling for an accelerated wind-up.

GSF

The board reaffirmed its strategy of orderly asset sales, value augmentation, and annual distributions, opposing Saba's resolutions for accelerated wind-up.

Recent asset sales and dividends demonstrate progress, while the board stresses that a rushed process would harm shareholder value at a cyclic…