Shareholder DC Thomson backs Alliance Trust's fight against Elliott

April 20, 2015 9:15 AM

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LONDON, April 20 (Reuters) - Top-10 Alliance Trust investor DC Thomson & Co Ltd said it would vote against activist hedge fund Elliott Advisors' resolution to nominate three new directors to the board.

Elliott in March launched a campaign to install new directors at the 126-year-old firm, hoping it would kick-start an improved performance by the investment fund.

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