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BIGP would have to waive at least one condition to its purported tender offer in order to close.
Liberty All-Star Growth Fund, Inc. Issues Statement
The Fund urges its shareholders to support the Fund's incumbent directors by completing, signing and dating the WHITE proxy card they have received, and NOT to sign any GREEN or any other color proxy card they may receive from BIGP.
Insured Municipal Income Fund Inc. - Support the Incumbent Directors for Fair, Equal and Expeditious Treatment of All Shareholders
In spite of the fact that liquidation of the Fund would result in the common shareholders receiving net asset value for their shares, BIGP and Phil Goldstein continue to oppose the proposal.
Insured Municipal Income Fund Inc. - Support the Board's Recommendation to Liquidate the Fund
The Petitioners are now trying to take advantage of a situation that BIGP created.
Insured Municipal Income Fund Inc. Reports Stockholder Action Seeking Involuntary Dissolution
As previously announced, the price per Share, net to the seller in cash (subject to a $50 processing fee per Letter of Transmittal, applicable withholding taxes and any brokerage fees that may apply), without interest thereon, that BIGP will pay for validly tendered Shares is equal to 93% of net asset value ("NAV") per Share determined as of the close of the regular trading session of the NYSE on the Expiration Date, upon the terms and subject to the conditions set forth in the Offer to Purchase, dated October 30, 2007 (as supplemented and amended), and in the related Letter of Transmittal.
BIGP Announces Expiration of Its Tender Offer to Purchase Shares of Common Stock of PBF
In light of the PBF Board of Trustees' opposition to the Offer, as well as the widening of the discount to NAV of the market price of the Shares since October 30, 2007, BIGP has determined to amend the Offer by increasing the number of Shares it is offering to purchase and decreasing the percentage of NAV it is offering to pay for the Shares.
Bulldog Investors General Partnership Amends Its Tender Offer to Purchase Shares of Common Stock of PBF
Shareholders of PBF will be able to obtain a free copy of the Offer to Purchase, related Letter of Transmittal and other Offer documents (when they become available) at a website maintained by BIGP at www.
Bulldog Investors General Partnership Commences Tender Offer to Purchase up to 1,500,000 Shares of Common Stock of PBF at 95% of Net Asset Value Per Share
Phillip Goldstein, a principal of BIGP commented: "We are pleased to reach a settlement that we believe is in the best interest of MGF's shareholders.
Bulldog Investors General Partnership Has Terminated Its Tender Offer for MGF Common Shares and Its Proxy Solicitation
Therefore, the Board recommends that shareholders of the Fund reject the tender offer and not tender their shares to BIGP.
Board of Trustees of MFS Government Markets Income Trust Recommends That Shareholders Reject BIGP's Tender Offer
Shareholders of MGF will be able to obtain a free copy of the Offer to Purchase, related Letter of Transmittal and other Offer documents (when they become available) at a website maintained by BIGP at www.
Bulldog Investors General Partnership Commences Tender Offer to Purchase up to 5,000,000 Shares of Common Stock of MGF at 96.25% of Net Asset Value Per Share
BIGP believes that the purported limitation on ownership of record and beneficial interests in RHR's shares is illegal and unenforceable, and that BIGP would ultimately win the lawsuit.
Bulldog Investors General Partnership Makes Announcement Concerning RMR Hospitality & Real Estate Fund
Bulldog Investors General Partnership ("BIGP"), the largest shareholder of RMR Hospitality & Real Estate Fund ("RHR") (AMEX: RHR) today announced that RHR has sued BIGP to enforce a purported ownership limitation on RHR's stock.
RMR Hospitality & Real Estate Fund Sues Its Largest Shareholder
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