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Michelle Stofa

UDF IV Recommends Shareholders Reject Hedge Fund NexPoint’s Thirteenth Extended Hostile Tender Offer

By UDF IV News

GRAPEVINE, Texas, Feb. 17, 2022 (GLOBE NEWSWIRE) — United Development Funding IV (“UDF IV” or the “Trust”) announced that it recommends Trust shareholders reject the thirteenth extended unsolicited tender offer made by hedge fund NexPoint Diversified Real Estate Trust (NexPoint), formerly the NexPoint Strategic Opportunities Fund, to purchase all Trust common…

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United Development Funding IV Recommends Shareholders Reject Hedge Fund NexPoint’s Ninth Extended Hostile Tender Offer; James Dondero alleged to have ‘siphoned’ millions from his former company, Highland Capital Management, L.P.

By UDF IV News
GRAPEVINE, Texas, Oct. 25, 2021 (GLOBE NEWSWIRE) -- United Development Funding IV (“UDF IV” or the “Trust”) announced that it recommends Trust shareholders reject the ninth extended unsolicited tender offer made by hedge fund NexPoint Strategic Opportunities Fund (“NexPoint”) to purchase all Trust common shares (the “Shares”) for $1.10 per...
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United Development Funding IV Recommends Shareholders Reject Hedge Fund NexPoint’s Eighth Extended Hostile Tender Offer

By All News, UDF IV News
GRAPEVINE, Texas, Sept. 27, 2021 (GLOBE NEWSWIRE) -- United Development Funding IV (“UDF IV” or the “Trust”) announced that it recommends Trust shareholders reject the eighth extended unsolicited tender offer made by hedge fund NexPoint Strategic Opportunities Fund (“NexPoint”) to purchase all Trust common shares (the “Shares”) for $1.10 per...
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United Development Funding IV Recommends Shareholders Reject Hedge Fund NexPoint’s Seventh Extended Hostile Tender Offer

By All News, UDF IV News
GRAPEVINE, Texas, Aug. 10, 2021 (GLOBE NEWSWIRE) -- United Development Funding IV (“UDF IV” or the “Trust”) announced that it recommends Trust shareholders reject the seventh extended unsolicited tender offer made by hedge fund NexPoint Strategic Opportunities Fund (“NexPoint”) to purchase all Trust common shares (the “Shares”) for $1.10 per...
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United Development Funding IV Recommends Shareholders Reject Hedge Fund NexPoint’s Sixth Extended Hostile Tender Offer

By All News, UDF IV News
GRAPEVINE, Texas, July 06, 2021 (GLOBE NEWSWIRE) -- United Development Funding IV (“UDF IV” or the “Trust”) announced that it recommends Trust shareholders reject the sixth extended unsolicited tender offer made by hedge fund NexPoint Strategic Opportunities Fund (“NexPoint”) to purchase all Trust common shares (the “Shares”) for $1.10 per...
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United Development Funding IV Recommends Shareholders Reject Hedge Fund NexPoint’s Fifth Extended Hostile Tender Offer; Provides Supplemental Information

By All News, UDF IV News
GRAPEVINE, Texas, June 02, 2021 (GLOBE NEWSWIRE) -- United Development Funding IV (“UDF IV” or the “Trust”) announced that it recommends Trust shareholders reject the fifth extended unsolicited tender offer made by hedge fund NexPoint Strategic Opportunities Fund (“NexPoint”) to purchase all Trust common shares (the “Shares”) for $1.10 per...
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United Development Funding IV Recommends Shareholders Reject Hedge Fund NexPoint’s Fourth Extended Hostile Tender Offer; Provides Supplemental Information

By All News, UDF IV News
GRAPEVINE, Texas, May 03, 2021 (GLOBE NEWSWIRE) -- United Development Funding IV (“UDF IV” or the “Trust”) announced that it recommends Trust shareholders reject the fourth extended unsolicited tender offer made by hedge fund NexPoint Strategic Opportunities Fund (“NexPoint”) to purchase all Trust common shares (the “Shares”) for $1.10 per...
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