Contest Summary Company Name: DWS RREEF Real Estate lineage, Inc. ( ancestry) unorthodoxs: Susan L. Ciciora curse ( self-reliance) D&O ownership: As of March 27, 2009, the farm animals directors and officers together owned less than one percent of the stocks outstanding shares. Dissident ownership: As of March 27, 2009 , the Trust beneficially owned 16.5 percent of the Funds outstanding shares. Dissidents concerns: The Trust does not believe that liquidating the Fund makes economic sense, either in the short or long term. The trust believes that under(a) new management the Fund will once again be economically viable. Dissidents plan: The Trust intends to prefer its own members to the Funds board and implement a new adviser at the Funds next annual meeting in order to promote change at the Fund. Managements computer programme: Due to the Funds small size and poor performance, the Funds board believes that a prompt extermination will emolument most shareholders. Managements plan: The Funds board states that the liquidation proposal will allow stockholders to realize liquidity at NAV upon dissolution by capturing the value of the Funds trading discount.
RMG testimonial: Vote on the dissidents proxy card. We recommend a vote AGAINST the liquidation. -------------------------------------------------------------------------------- Background The primary investment objective of the Fund is total return through a combination of high flowing income and capital appreciation by investing in real the three estates securities. The Fund invests at least 90% of total assets in... If you indispensableness to get a full essay, order it on our website: Ordercustompaper.com
If you want to get a full essay, wisit our page: write my paper
No comments:
Post a Comment