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TORTOISE POWER & ENERGY INFRASTRUCTURE FUND INC (TPZ) Create: Alert

All | News | Filings
Date FiledTypeDescription
10/27/2020 8-K Regulation FD Disclosure, Financial Statements and Exhibits
Docs: "Amended and Restated Bylaws",
"LEAWOOD, KS – October 26, 2020 – Each fund, effective today, has adopted Amended and Restated Bylaws . The amendments to the Bylaws were adopted in an effort to protect each fund’s ability to pursue its investment objective and long-term value for stockholders. Included in the amendments, is the election to be subject to the Maryland Control Share Acquisition Act , which seeks to limit the ability of an acquiring person to achieve a short-term gain at the expense of a fund’s ability to pursue its investment objective and policies and seek long-term value for the rest of the fund’s stockholders. 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” will not be entitled to vote..."

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