Fund Semiannual Reports To Stockholders On Form News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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NEW YORK, Jan. 25, 2021 /PRNewswire/ The Funds announced today that their respective Boards of Directors unanimously adopted resolutions along with Amended and Restated Bylaws ( Bylaws ) to cause the Funds to be subject to the Maryland Control Share Acquisition Act ( MSCAA ), effective immediately.
The MCSAA protects the interests of all stockholders of a Maryland corporation by providing that any holder of control shares acquired in a control share acquisition may not exercise voting rights with respect to the control shares, except to the extent approved by a vote of two-thirds of all the votes entitled to be cast on the matter, excluding votes otherwise entitled to be cast by the acquiring person ( ....

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