Harvard finds the tender offer insufficient. Harvard has purchased a few hundred thousand extra shares of KF. It now owns about 25%. Is Harvard likely to...
... Josh replies: I'll advance your question by reviewing some history: Between Sept. 30, 2003 and mid-December 2003, Harvard bought 650K of KF bringing their...
Harvard owns just as big a share of Brazil Fund. Brazil is a lot more volatile than korea, and has a lot more downside. I'm surprised there hasn't been more...
Would you withdraw your tender?- In closedendfunds@yahoogroups.com, ... purchased ... I ... of ... tender. ... help ... the ... end ... of ... a ... players ...
... Joshua responds: I'm a small fish, and a somewhat conservative fish so I will tender, hopefully make my modest profit, and maybe buy more after the tender ...
I am going to tender, can anyone venture an idea of what a fair amount to plan on being accepted would be? After the tender would it be fair to assume...
... Joshua's response: I'll go on a limb and say 50% tender, (that's saying Harvard does not tender). Typical tenders are 60% - 75%. Classically the discount...
Which is the better bet now? Will LDF have a tender offer as promised? Will Harvard ( A 25% holder) tolerate LAQ's discount much longer? Will Harvard ( 12%...
Will Harvard which owns 12% or LDF and 25% or LAQ continue to quietly tolerate their management backing off of preannounced tenders? Note Harvard's action on...
There are 2 rather new dividend funds, Blackrock Dividend Achievers BDV and iShares Dow Dividend DVY. In addition some new closed end funds considered...
Good Evening.... Distribution CEF's work very well for retiree's in "BOTH" Bull/Bear markets.... A list of CEF's, that we currently track [pay 8-11% by CEF...
New York, New York, October 23, 2003—The Latin American Discovery Fund, Inc. (LDF) (the "Fund") announced today that the Board of Directors of the Fund has...
Now here is a new way to calculate the excercise price of a right (SEE BELOW) One of these days some fund is going to issue rights to acquire the Weapons of...
NEW YORK--(BUSINESS WIRE)--Feb. 9, 2004--The Zweig Total Return Fund, Inc. (NYSE, PSE: ZTR - News) announced today that, as required by its articles of...
Gee, do you think the reason will have anything to do the advisory fees that would be lost if it open-ended? ... Fund, ... its ... end ... an ... determined ...
New press release and 8k filing by BZL, may mean that the liquidation will go. But sure is not clear when. Ridgeland, MS, FEB 09, 2004 (EventX/Knobias.com via...
The SEC has been had this since November 2002 and is just now sending comments? No wonder Spitzer is cleaning their clock. ... liquidation ... issuance ... ...
... Yes, but BZF has done even better, even tho BZL got a pop from discount reduction. Some might read the phrase: "BZL has instructed counsel to proceed as...
Are you suggesting the SEC knew the Brazilian market was going to rise and purposely delayed liquidating BZL to benefit shareholders? If that is true, I take...
The delay was not only the fault of the SEC. Also the courts, the plantiffs, and the management co. share the blame(or credit). Sometimes good things happen...
... The SEC deserves all the blame. The settlement was approved by the court in April 2003 and the shareholders voted to liquidate before that. BTW, if you...
Do you (or anyone else) know why SEC appoval was needed to liquidate, other liquidations seem to occur without SEC delay? I was not bullish on Brazil just dumb...
I don't know, but the Contrarius speculation that it was to sail into a safe harbor to allow the fee stream to continue undisturbed as long as prudently...
Well, they ended up doing the right thing. Apparently, the tax issue has been cleared up and they are liquidating in May (subject to shareholder approval)....
SZF has a very sizable accumulated net realized loss. Thus I wouldn't think think taxes would be an issue if the Indian tax issues have been resolved....
Boston, February 11, 2004 -- The Board of Trustees of Liberty All- Star Equity Fund (NYSE: USA) has authorized and set the terms of an offering to the Fund's...