Special Opportunities Fund, Inc. Announces Board Changes
January 05, 2015 at 11:32 am
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Special Opportunities Fund, Inc. announced the results of the Annual Meeting of Stockholders of the Fund held on December 30, 2014. Effective January 1, 2015, Marc Lunder, who has more than 25 years of experience in the financial industry and as a private investor, has been appointed a director of the Fund to fill the vacancy created by James Chadwick's resignation on October 26, 2014.
Special Opportunities Fund, Inc. (the Fund) is a diversified, closed-end management investment company. The Fund's investment objective is total return. The Fund invests primarily in securities, which have the opportunity for appreciation. The Fund may employ strategies designed to capture price movements generated by anticipated corporate events, such as investing in companies involved in special situations, including, but not limited to, mergers, acquisitions, asset sales, spin-offs, balance sheet restructuring, bankruptcy, liquidations, and tender offers. The Fund may, from time to time, engage in short sales of securities for investment or for hedging purposes. The Fund invests in closed-end funds, business development companies, preferred stocks, other common stocks, special purpose acquisition vehicles, corporate obligations, money market funds, warrants and rights, among others. Bulldog Investors, LLP is the investment adviser of the Fund.