High-profile activist investor Nick Bolton has been removed from the board of Keybridge Capital after the Supreme Court in NSW ruled that a special shareholder meeting pushing him out had been validly held.
Bolton is best known for orchestrating a financial windfall after holding up a $4.9 billion float of a Brisbane tollroad when he was just 26 years old, and more recently forcing investment management giant Magellan to make a generous payment to option holders at one of its largest funds.
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Zoe Samios covers wagering and the business of sport from the AFR's Sydney newsroom. She was previously the media and telecommunications reporter for The Sydney Morning Herald and The Age, and covered media at The Australian. Connect with Zoe on Twitter. Email Zoe at zoe.samios@afr.com
Myriam Robin is a senior writer based in the Melbourne newsroom. She has previously been a Rear Window columnist and editor, and before that reported on financial markets and media. Connect with Myriam on Twitter. Email Myriam at myriam.robin@afr.com
