dealbreaker.com - 10/9/2008
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We've got good news and we've got less good news. Good news: of every dollar you invested in our fund at the beginning of the year, you still have 43 cents. So, every cloud...
We're guessing you guys have already figured out the less good news part.
Tosca Monthly Shareholder Report - ...
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Tosca, the broken deal-maker
FT Alphaville —
... cautious regulator actions. At some stage we would like to follow the third phase to recover the value from the enlarged entities that have been created. Strewth! No wonder Tosca has been hit by a wave of redemptions. The plan now is to slice Tosca in two, with two new classes of shares offered to existing holders - one for those ready to give Mr Hughes and his team the time to recover the losses and another that will (hopefully) unwind assets in an orderly fashion. Related links: Dear Team Tosca - full pdf file at Dealbreaker. ...
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