Equus II Incorporated Announces Change in Name and Objective to Equus Total Return, Inc.
August 11 2006 - 3:25PM
PR Newswire (US)
HOUSTON, Aug. 11 /PRNewswire-FirstCall/ -- Equus II Incorporated
(NYSE:EQS) ("Equus" or the "Fund") announces a change in the Fund's
name and investment objective. On August 11, 2006, shareholders of
the Fund approved the change of the Fund's investment strategy to a
total return investment objective. This new strategy will seek to
provide the highest total return, consisting of capital
appreciation and current income. In connection with this strategic
investment change, the shareholders also approved the change of the
Fund's name from Equus II Incorporated to Equus Total Return, Inc.
Equus is a business development company that trades as a closed-end
fund on the New York Stock Exchange, under the symbol "EQS".
Additional information on Equus may be obtained from the website at
http://www.equuscap.com/ . This press release may contain certain
forward-looking statements regarding future circumstances. These
forward-looking statements are based upon the Company's current
expectations and assumptions and are subject to various risks and
uncertainties that could cause actual results to differ materially
from those contemplated in such forward-looking statements
including, in particular, the risks and uncertainties described in
the Company's filings with the Securities and Exchange Commission.
Actual results, events, and performance may differ. Readers are
cautioned not to place undue reliance on these forward-looking
statements, which speak only as to the date hereof. The Company
undertakes no obligation to release publicly any revisions to these
forward-looking statements that may be made to reflect events or
circumstances after the date hereof or to reflect the occurrence of
unanticipated events. The inclusion of any statement in this
release does not constitute an admission by the Company or any
other person that the events or circumstances described in such
statements are material. CONTACT: Brett Chiles (713) 529-0900
DATASOURCE: Equus II Incorporated CONTACT: Brett Chiles of Equus II
Incorporated, +1-713-529-0900 Web site: http://www.equuscap.com/
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