Blackrock Health Sciences Term Trust Schedule 13D activist filings
Filed when an investor crosses five percent and intends to influence the company — the activist disclosure.
NYSE
SCHEDULE 13D/A: BlackRock Health Sciences Term Trust to Repurchase 40% of Shares in Settlement with Activist Investor Saba Capital
BlackRock Health Sciences Term Trust (BMEZ) has agreed to a cash tender offer to repurchase 40% of its outstanding common shares at 99.5% of net asset value, settling a dispute with activist investor Saba Capital Management, L.P., which will tender its shares and abide by a three-year standstill agreement.