The Ibero-America Fund, Inc. Announces Approval of Plan of Liquidation by Its Board of Directors
June 09 2011 - 7:00AM
PR Newswire (US)
NEW YORK, June 9, 2011 /PRNewswire/ -- The Ibero-America
Fund, Inc. (the "Fund" – NYSE: SNF) announced today that the Fund's
Board of Directors has unanimously approved the liquidation and
dissolution of the Fund, subject to stockholder approval. It
is anticipated that the Plan of Liquidation and Dissolution will be
submitted to the Fund's stockholders at a special meeting to be
called for that purpose on Wednesday, August
31, 2011. The close of business on Thursday, July 7, 2011 has been fixed as the
record date for the special meeting of stockholders.
The Fund is a closed-end U.S.-registered management investment
company advised by AllianceBernstein L.P. with assets of
approximately $70,339,403.
SOURCE The Ibero-America Fund, Inc.
Copyright 2011 PR Newswire
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