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Shareholders move to scupper pirate raid

Jan 03, 2019 - Australian Financial Review
Board and Executive Moves

A group of shareholders in two pirate-themed companies that have been suspended from trading on the Australian Securities Exchange are attempting to block a proposed takeover by a third related company listed on the Newcastle stock exchange.

ASX-listed investment companies Henry Morgan and Benjamin Hornigold are each the subject of a controversial bid by John Bridgeman, the Newcastle-listed management firm. All of the companies are named after infamous pirates.

But the Takeovers Pane...