Bid to dump directors from Torchlight’s Aussie pub business
Duncan Bridgeman Mon, 29 Sep 2014
An Australian fund manager is seeking to dump four directors from the board of Lantern Hotel Group, an ASX-listed landlord in which George Kerr’s Torchlight fund is a cornerstone shareholder.
Millinium Asset Services, which holds more than 5% of Lantern, has put forward the resolution under