ACM Managed Dollar Income Fund, Inc. Announces There Will Be No Final Distribution
24 Septembre 2009 - 3:06PM
PR Newswire (US)
NEW YORK, Sept. 24 /PRNewswire-FirstCall/ -- ACM Managed Dollar
Income Fund, Inc. ("ACM Managed Dollar"; NYSE: ADF), a closedend
management investment company, announced today that there will be
no final distribution payable to shareholders in connection with
the acquisition of the assets and the assumption of the liabilities
of ACM Managed Dollar by AllianceBernstein Global High Income Fund,
Inc. ("Global High Income"; NYSE: AWF), which will take place as of
the close of business on September 25, 2009 (the "Acquisition"). As
a result of the Acquisition, each holder of ACM Managed Dollar
common stock will receive shares of Global High Income common stock
having an aggregate net asset value ("NAV") equal to the aggregate
NAV of the stockholder's shares in ACM Managed Dollar. Common
stockholders participating in ACM Managed Dollar's dividend
reinvestment plan will receive full and fractional Global High
Income shares. Other common stockholders will receive cash in lieu
of fractional shares. DATASOURCE: ACM Managed Dollar Income Fund,
Inc. CONTACT: Shareholder Contact: 1-800-221-5672
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