Clough Global Dividend and Income Fund
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Company profile

Clough Global Dividend and Income Fund (the Fund), formerly Clough Global Allocation Fund, is a closed-end management investment company. The Fund's investment objective is to provide a high level of total return. The Fund invests in a managed mix of equity and debt securities. The Fund will not invest more than 20% of its total assets in securities rated, at the time of acquisition, below investment grade. The Fund may invest a portion of its assets in foreign securities and exchange traded funds. The Fund may sell a security it does not own. The Fund will not invest more than 20% of its total assets, at the time of acquisition, in securities of governments and companies in emerging markets. The Fund invests in various sectors, such as Consumer Discretionary, Consumer Staples, Energy, Financials, Healthcare, Industrials, Information Technology, Materials and Telecommunication Services. Clough Capital Partners L.P. is the investment advisor of the Fund.

Closing Price
$10.85
Day's Change
0.04 (0.37%)
Bid
--
Ask
--
B/A Size
--
Day's High
10.86
Day's Low
10.81
Volume
(Below Average)
Volume:
43,612

10-day average volume:
50,042
43,612

Caesars (CZR) Alert: Johnson Fistel Investigates Proposed Sale of Caesars Entertainment; Are Shareholders Getting a Fair Deal?

7:56 am ET June 27, 2019 (PR Newswire) Print

Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of Caesars Entertainment Corporation (NASDAQ: CZR) ("Caesars") breached their fiduciary duties in connection with the proposed sale of the Company to Eldorado Resorts, Inc. ("Eldorado").

On June 24, 2019, Caesars announced that it had signed a definitive merger agreement with Eldorado. Under the terms of the deal, Eldorado will acquire all of the outstanding shares of Caesars for a total value of $12.75 per share, consisting of $8.40 per share in cash consideration and 0.0899 shares of Eldorado common stock for each Caesars share of common stock. However, shareholders will be subject to the future price fluctuation of Eldorado's stock price.

The investigation concerns whether the Caesars board failed to satisfy its duties to the Company shareholders, including whether the board adequately pursued alternatives to the acquisition and whether the board obtained the best price possible for Caesars shares of common stock.

If you are a shareholder of Caesars and believe the proposed buyout price is too low or you're interested in learning more about the investigation or your legal rights and remedies, please contact lead analyst Jim Baker (jimb@johnsonfistel.com) at 619-814-4471. If emailing, please include a phone number.

Additionally, you can [Click here to join this action]. There is no cost or obligation to you.

About Johnson Fistel, LLP:Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York, and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit https://www.johnsonfistel.com. Attorney advertising. Past results do not guarantee future outcomes.

Contact:Johnson Fistel, LLPJim Baker, 619-814-4471jimb@johnsonfistel.com

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SOURCE Johnson Fistel, LLP

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