{"id":69351,"date":"2019-05-20T00:05:26","date_gmt":"2019-05-20T04:05:26","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=69351"},"modified":"2019-05-22T01:16:08","modified_gmt":"2019-05-22T05:16:08","slug":"us-investor-urges-first-group-to-split-and-pull-out-of-destructive-uk-rail-network","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2019\/us-investor-urges-first-group-to-split-and-pull-out-of-destructive-uk-rail-network.html","title":{"rendered":"US Investor Urges First Group to Split and Pull Out of &#8216;Destructive&#8217; UK Rail Network"},"content":{"rendered":"<p>\n(City A.M) Activist hedge fund Coast Capital has issued a list of demands against First Group, including that it pull out of Britain&#8217;s railways, split its UK and US assets and overhaul its board. Coast, a top ten shareholder in First, has said the group should separate its US assets, which it claims have a &#8220;much higher independent valuation&#8221; than its UK assets, to generate \u00a33bn in capital that could be used for reinvestment, debt reduction and pension top-ups.<\/p>\n<p><a href=\"http:\/\/www.cityam.com\/277844\/us-investor-urges-first-group-split-and-pull-out\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(City A.M) Activist hedge fund Coast Capital has issued a list of demands against First Group, including that it pull out of Britain&#8217;s railways, split its UK and US assets and overhaul its board. Coast, a top ten shareholder in [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-69351","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/69351","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=69351"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/69351\/revisions"}],"predecessor-version":[{"id":69352,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/69351\/revisions\/69352"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=69351"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=69351"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=69351"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}