AUSTIN, Texas–(BUSINESS WIRE)–Etude Capital, LLC, together with its affiliates and the other
participants in its solicitation (collectively, Etude or we),
collectively the largest stockholder of RENN Fund, Inc. (RENN or the
Company) (AMEX:RCG), with ownership of approximately 11.4% of the
Companys outstanding shares, issued the following statement regarding
the news announcement that RENNs board approved a plan of liquidation
and dissolution.
According to Steven Stein, CEO of Etude Capital, Etude strongly
supports this dissolution. As large stockholders, we have enjoyed a
productive and collaborative dialogue with Russell Cleveland. We are
…
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