AllianceBernstein Income Fund, Inc. Announces Election Of Directors And That A Nonbinding Stockholder Proposal Was Approved B...
April 16 2015 - 2:18PM
PR Newswire (US)
NEW YORK, April 16, 2015 /PRNewswire/
-- AllianceBernstein Income Fund's (NYSE: ACG) (the "Fund")
Annual Meeting of Stockholders (the "Meeting") was held on
April 16, 2015. At the Meeting, the
stockholders of the Fund elected Marshall
C. Turner, Jr., Garry L.
Moody and Earl D. Weiner to
serve as directors of the Fund. Also at the Meeting, Fund
stockholders approved a nonbinding stockholder proposal requesting
that the Board of Directors of the Fund (the "Board") consider
authorizing a self-tender offer for all outstanding common shares
of the Fund at or close to net asset value, and, if more than 50%
of the Fund's outstanding common shares are tendered, to cancel the
tender offer and take the steps necessary to liquidate, merge or
convert the Fund to an open-end mutual fund. The Board will
consider the results of the vote on the stockholder proposal at a
future time.
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SOURCE AllianceBernstein Income Fund, Inc.
Copyright 2015 PR Newswire
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