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meVC investor urges tender offer.

Publication: The Daily Deal

Publication Date: 27-SEP-02
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COPYRIGHT 2002 The Deal LLC

Byline: Vyvyan Tenorio

Karpus Investment Management Inc., the second-largest shareholder of San Francisco venture capital fund meVC Draper Fisher Jurvetson, has proposed a tender offer to improve shareholder value.

In a filing Thursday, Sept. 26, with the Securities and Exchange Commission, the Pittsford, N.Y., investment firm said it has asked meVC to conduct a tender offer to...

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