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  "documentTitle": "Saba Capital Management | Activist Presentation Deck | 33 slides",
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      "text": "ASA's Board has adopted what we believe to be an unlawful shareholder rights plan, or poison pill, to prevent us from increasing our investment in ASA, demonstrating its misaligned priorities.",
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      "text": "ASA's justification makes no sense in the context of an investment company: We are seeking to replace the directors with all Independents- not own the company.",
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      "text": "There is no \"takeover\" being discussed; boards can be replaced, and advisors can be changed, which shareholders can approve or reject at the vote required.",
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      "text": "We are trying to enhance the independence of the Board via the election of four new, highly qualified and independent directors.",
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      "text": "ASA is confusing elements of corporate takeovers that don't make sense for investment companies.",
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      "text": "The Rights Plan is intended to prevent Saba's unilateral attempt to obtain creeping control of the Company...",
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      "text": "ASA Gold and Precious Metals Fund Adopts Limited-Duration Shareholder Rights Plan",
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      "text": "ASA's Board Is More Focused on Fighting Us – One of Its Shareholders – Than Closing the Discount",
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