Dreyfus to Merge Closed-End Calif., N.Y. Funds into Open-Enders

Fine, Jacob
October 2004
Bond Buyer;10/1/2004, Vol. 350 Issue 31981, p7
Trade Publication
Reports on the plan of Dreyfus Corp. to merge its closed-end municipal bond mutual funds into open-end funds in California and New York. Role of the market discount in the trading of the funds to the decision of the company; Elimination of the discount and offer stockholders more liquidity with the proposed merger; Approval of the board on the proposed merger.


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