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Tortoise Announces Termination of Proposed Merger of Tortoise Pipeline & Energy Fund, Inc. (TTP) and Tortoise Energy Independence Fund, Inc. (NDP)

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LEAWOOD, KS / ACCESSWIRE / June 3, 2021 / Tortoise and the Board of Directors for its closed-end funds today announced the termination of the proposed merger of Tortoise Energy Independence Fund, Inc. (NDP) with and into Tortoise Pipeline & Energy Fund, Inc. (TTP).
Tortoise and the Board viewed the merger of these two funds as an opportunity to expand the investment strategy to better capture and accelerate the opportunity around the global energy evolution, said Brad Adams, CEO of Tortoise s closed-end funds. Despite our efforts to obtain votes from all shareholders, there were ultimately not enough votes from both TTP and NDP shareholders to approve the merger. We remain focused on long-term shareholder value and both funds will continue to pursue their current investment strategies while we review strategic options for each fund. ....

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A Giant Tortoise Thought Extinct For Over 100 Years Has Been Found in Galapagos

A Giant Tortoise Thought Extinct For Over 100 Years Has Been Found in Galapagos
YASEMIN SAPLAKOGLU, LIVE SCIENCE
1 JUNE 2021
A giant tortoise in the Galápagos Islands that was thought to have gone extinct over a century ago just came out of hiding.
Researchers discovered the female tortoise on the Galápagos Fernandina Island during a joint expedition carried out by the Galápagos National Park Directorate and the Galápagos Conservancy in 2019, according to a statement.

They nicknamed her Fernanda .
At the time, the team was confident that the lone tortoise was the lost Fernandina Giant Tortoise (
Chelonoidis phantasticus), a species native to the island that was thought extinct for 112 years due to eruptions of the Fernandina Volcano, according to the statement. But to confirm, they sent blood samples to geneticists at Yale University. ....

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CNN The Story of Late Night May 30, 2021 04:51:00

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