BlackRock Throgmorton to merge with BlackRock Smaller Companies

Consolidation continues apace in the investment trusts sector with BlackRock Throgmorton (THRG) to combine with BlackRock Smaller Companies (BRSC). Shareholders will be offered cash exits of up to 38% and 28% in both UK smaller companies trusts respectively. Saba Capital holds 17.8% and 10.4% of the voting rights in BlackRock Throgmorton and BlackRock Smaller Companies respectively. … Continue reading BlackRock Throgmorton to merge with BlackRock Smaller Companies