Alliance California Municipal Income Fund, Inc. Cancellation of Adjournment of Special Meeting of Stockholders
17 Décembre 2018 - 10:26PM
PR Newswire (US)
NEW YORK, Dec. 17, 2018 /PRNewswire/ -- Alliance California
Municipal Income Fund, Inc. (NYSE: AKP) (the "Fund") announced that
the Fund's Board of Directors (the "Board"), at a meeting today,
resolved to cancel the Fund's plan to convene an adjourned special
meeting of stockholders relating to the consideration and approval
of new investment advisory agreements with AllianceBernstein L.P.
("Adviser"), having determined that further solicitation of proxies
relating to the approval of new investment advisory agreements is
not in the best interests of the Fund. The Board intends to
consider the outcome of the meeting of stockholders, and whether
any action would be in the best interests of the Fund, at a future
time.
The Fund is a registered closed-end management investment
company managed by the Adviser.
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SOURCE Alliance California Municipal Income Fund, Inc.
Copyright 2018 PR Newswire
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