THE VANGUARD GROUP DIVESTS FROM LARGE TALISMAN POSITION
Another one of the original “Talisman Shareholding ‘Dirty Dozen'” unloads!
Eric Reeves [May 9, 2000]
Smith College 413-585-3326
Northampton, MA 01063
ereeves@smith.edu
They huffed and they puffed; they spat out some disingenuous nonsense about Talisman Energy’s participation in Sudan’s Greater Nile project. But in the end, the very prominent Vanguard Group dumped all its Talisman shares!
When a major shareholder comes under focussed divestment pressure, and subsequently sells 100% of the shareholding (especially in light of the positive numbers TLM keeps posting), we spell that D-I-V-E-S-T-M-E-N-T. The burden is on Vanguard to show that such a sale is not divestment!