Capricorn shareholders Madison Ave, Kite Lake speak out against NewMed deal
Source: Reuters
LONDON/NEW YORK, Nov 2 (Reuters) - Two additional top shareholders in Capricorn Energy Plc (CNE.L) are speaking out publicly against the natural gas producer's planned sale to NewMed Energy (NWMDp.TA), arguing the deal undervalues the company's assets, the investors told Reuters.On Wednesday, Madison Avenue Partners, which owns an 8.06% stake, making it Capricorn's second largest investor, joined smaller…