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FirstGroup activist renews attack ahead of EGM

FirstGroup activist renews attack ahead of EGM

Activist investor Coast Capital is not backing down ahead of the FirstGroup (FGP) extraordinary meeting next week. The latest in the war of words is a rebuttal from the US-based hedge fund regarding “many misleading claims and assertions” made by the board of the transport operator. It argues that the changes to the board it wishes to make are indeed in the best interests of shareholders. 

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