Transamerica, a provider of numerous mutual funds as well as an insurance company, includes voting for appraisal rights in its proxy guidelines. Like other funds we have covered, Transamerica also states that it votes on mergers on a case by case basis. Transamerica is part of a significant set of funds that, by policy, vote for the return or provision of appraisal rights when such items come up for a vote. This is particularly relevant for companies hailing from jurisdictions without appraisal rights, and demonstrate how appraisal is a positive for investor rights.
The post Mutual Fund Sponsor/Insurance Co.: Vote For Appraisal appeared first on Appraisal Rights Litigation.