PGC's Epic Fund to sell assets as Kerr injects cash
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Pyne Gould Corporation’s troubled $155 million Epic Fund is considering selling UK assets to avoid raising new equity as businessman George Kerr injects more cash.
A further call on funds might not be welcomed by Epic’s 1900 shareholders, who had their dividend payments frozen last October.
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Duncan Bridgeman
Wed, 06 Apr 2011
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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PGC's Epic Fund to sell assets as Kerr injects cash
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