Bulldog Investors Quotes Animal Farm and Mark Twain In Letter To RIT Managment

Bulldog Investors Quotes Animal Farm and Mark Twain in Letter to RIT Managment by The Official Activist Investing Blog

In a letter sent to the management team of LMP Real Estate Income Fund (RIT), Bulldog Investors calls them out for cheating and quotes the book Animal Farm and Mark Twain.

We find Phil Goldstein, of Bulldog Investors, to be quite witty in his letters to Management, and thought you would also enjoy reading.

The full version of the letter can be found here.

Here are a few quotes from the letter:

Management says it is fully justified in issuing a proxy card that does not allow shareholders to vote for or against our proposal for a self-tender offer. Its reason...