Western Asset Inflation Management Fund Inc. Announces Results of Annual Meeting of Stockholders: Proposal to Liquidate & Dis...
28 4월 2014 - 10:22PM
Business Wire
Western Asset Inflation Management Fund Inc. (the “Fund”)
(NYSE:IMF) announced today the results of the votes cast at the
annual meeting of stockholders held on April 25, 2014.
Stockholders voted to approve the liquidation and dissolution of
the Fund pursuant to the Plan of Liquidation and Dissolution
adopted by the Board of Directors of the Fund (Proposal 2).
It is expected that the effective date of the liquidation will
be May 30, 2014 and the transfer agent will close the books of the
Fund on that date (the “Liquidation Date”). The proportionate
interests of stockholders in the assets of the Fund will be fixed
on the basis of their respective holdings at the close of business
on the Liquidation Date. It is expected that prior to the opening
of business on June 2, 2014, the Fund will cease trading on the New
York Stock Exchange. The Fund will then liquidate and distribute
its remaining net assets on or about Monday, June 2, 2014.
Prior to the Liquidation Date, in preparation for the
liquidation of the Fund, at the discretion of the Fund’s portfolio
management, the assets of the Fund will be liquidated and the Fund
will cease to pursue its investment objective.
In addition, Eileen A. Kamerick, Dr. Riordan Roett and Jeswald
W. Salacuse were elected as Class III Directors of the Fund by
holders of its common stock to hold office until the annual meeting
of stockholders in the year 2017 or thereafter when their
respective successors are duly elected and qualified or until they
resign or are otherwise removed. Kenneth D. Fuller was elected as a
Class II Director of the Fund by holders of its common stock to
hold office until the annual meeting of stockholders in the year
2016 or until his successor has been duly elected and qualified or
until he resigns or is otherwise removed (Proposal 1).
Western Asset Inflation Management Fund Inc. is a
non-diversified, closed-end management investment company managed
by Legg Mason Partners Fund Advisor, LLC, a wholly owned subsidiary
of Legg Mason, Inc. (“Legg Mason”), and is subadvised by Western
Asset Management Company, an affiliate of the investment
adviser.
Contact the Fund at 1-888-777-0102 for additional information,
or consult the Fund's web site at www.lmcef.com.
Data and commentary provided in this press release are for
informational purposes only. Legg Mason and its affiliates do not
engage in selling shares of the Fund.
Media:Maria Rosati, 212-805-6036mrosati@leggmason.com
Western Asset Inflation Management Fund (NYSE:IMF)
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Western Asset Inflation Management Fund (NYSE:IMF)
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부터 12월(12) 2023 으로 12월(12) 2024
