The jockeying around the Janus merger is interesting and a touch hostile.
I restate my view that HGG (Janus too, from this announcement) is being run for cash to maximise shareholder value in the merger. Expect a luxuriant profit report 9 Feb.
It is at times like these that strong alignment of shareholder and management interests really matter. The dilution of equity to management is paying for itself.
Ash
Ann: Henderson Group - Extraordinary 1Q17 dividend, page-2
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