REFILE-Alliance Trust accelerates search for new independent non-executive director

April 14, 2015 6:52 AM

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April 14 (Reuters) - Alliance Trust said it has accelerated the search for a new independent non-executive director, and will consider any candidates put forward by the its shareholders, as its battle with rebel investor Elliott Advisors nears a climax.

The British investment company, currently seeking to thwart Elliott's proposals to add three new independent directors to its board, said it had appointed Russell Reynolds to conduct "a broad, transparent and rigorous search" for a new non-executive.

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