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Investment

Aspen Group to consider restructure and acquisition

Listed property investment and funds management company Aspen Group has received an unsolicited proposal from Mill Hill Capital (MHC) to acquire Edward Baillie Capital Hotel & Leisure Fund's (EBCHLF) hotel/motel portfolio and operations, appoint two joint chief executive officers, appoint a board member and undertake an off-market buyback.

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Read more: EBCHLFEdward Baillie Capital HotelMill Hill CapitalIBCAspen Group Security ofDavid DixonHeads AgreementIndependent Board CommitteeJohn CarterNew South WalesTasmania