Closed-End Salomon Brothers Fund Attracts Proxy War

09/02/05 - 04:50 PM EDT

Emma  Trincal

The Elliott proxy does not say what actions the firm recommends. But the documents do mention possible options, including partial and full tender offers; a liquidation; a conversion to an open-end fund; and a tax-free merger into an open-end fund.

Mary Athridge, a spokeswoman at Citigroup Asset Management, and Scott Tagliarino, a spokesman at Elliott, declined to comment.
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