Evermore's European Value Fund to be liquidated on Jan. 31

By Tali David

Minneapolis, Dec. 19 - Evermore Global Advisors, LLC announced that the Evermore European Value Fund will be liquidated, according to a 497 filing with the Securities and Exchange Commission.

The fund will liquidate and terminate at the close of business on Jan. 31.

In anticipation, the fund will no longer accept purchases into the fund after Dec. 30.

Evermore said it has taken the decision because of the fund's size and "limited prospects for future growth."

Evermore is based in Summit, N.J.

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