02:36 PM EDT, 05/17/2024 (MT Newswires) -- Saba Capital detailed its plans to push for change at 10 closed-end BlackRock ( BLK ) funds that trade at a steep discount to the value of their underlying assets relative to their peers, CNBC reported Friday, citing a Saba presentation it has seen.
The hedge fund wants board control at three of the funds, and a minority share of the boards of the remaining seven, CNBC reported.
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