FYI: As steward of a $5.2 trillion mutual fund and asset management empire, Fidelity Management and Research promises to treat investors fairly and put their interests first.
But as a private and controlling investor in the Colt Group, a small British telecom company, Fidelity is taking a decidedly different approach, some Colt shareholders say. They contend that the mutual fund giant is putting its own interests ahead of other Colt owners by forcing them to accept its buyout offer for the company at a bargain-basement price
Regards,
Ted
http://www.nytimes.com/2015/07/26/business/fidelity-seen-as-muscling-investors-out-of-upside-in-a-telecom-deal.html
