Central GoldTrust’s Largest Shareholder Backs Sprott
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Central GoldTrust’s largest shareholder Pekin Singer Strauss Asset Management said it supports an unsolicited bid for the precious metals company launched last week by Sprott Asset Management.
Pekin Singer Strauss, a Chicago-based investment advisory service, said in a statement it also supports the effort led by hedge fund Polar Securities Inc. to close Central GoldTrust’s historical trading gap.