Stockholders Approve the Issuance of Additional Common Stock in Connection With the Proposed Merger of ACM Municipal Securities
22 Febbraio 2007 - 10:06PM
PR Newswire (US)
NEW YORK, Feb. 22 /PRNewswire-FirstCall/ -- At a Special Meeting of
Stockholders of Alliance National Municipal Income Fund, Inc.
("Alliance National Municipal" - NYSE: AFB) held today,
stockholders approved the issuance of additional common stock of
Alliance National Municipal in connection with the proposed
acquisition of the assets and the assumption of the liabilities of
ACM Municipal Securities Income Fund, Inc. ("ACM Municipal
Securities" - NYSE: AMU) by Alliance National Municipal (the
"Acquisition"). The Acquisition has not yet been approved. The
Acquisition is contingent upon receiving the requisite approval of
ACM Municipal Securities' stockholders. The Special Meeting of
Stockholders of ACM Municipal Securities scheduled for February 22,
2007 has been adjourned with respect to the preferred stockholders
voting as a separate class because additional time for the
solicitation of proxies is needed. Alliance National Municipal is a
diversified, closed-end U.S.-registered management investment
company advised by AllianceBernstein L.P. DATASOURCE: Alliance
National Municipal Income Fund, Inc. CONTACT: Shareholder Contact,
+1-800-221-5672, for Alliance National Municipal Income Fund, Inc.
Web site: http://www.alliancebernstein.com/
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