Neuberger Berman Real Estate Securities Income Fund Announces Preliminary Results of Its Tender Offer

Comments
Loading...
Neuberger Berman Real Estate Securities Income Fund Inc. NRO announced the preliminary results of its tender offer. The tender offer, which expired at 5:00 p.m. New York time on Tuesday, November 29, 2011 was oversubscribed. Due to the fact that the number of shares tendered exceeded the number of shares the Fund offered to purchase the Fund will purchase the maximum percentage of outstanding common shares it previously announced on a pro-rata basis in accordance with the number of shares duly tendered by each shareholder and the terms of the Offer to Purchase, including the “odd lot” adjustment.
Market News and Data brought to you by Benzinga APIs

Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!