Alliance World Dollar Government Fund, Inc. Announces Record Date for Final Distribution
February 12 2007 - 4:06PM
PR Newswire (US)
NEW YORK, Feb. 12 /PRNewswire-FirstCall/ -- Alliance World Dollar
Government Fund, Inc. ("World Dollar"; NYSE: AWG), a closed-end
management investment company, declared today, February 12, 2007, a
possible final distribution payable to shareholders of record at
the close of business on February 22, 2007. As of the close of
business on February 23, 2007, the acquisition of the assets and
the assumption of the liabilities of World Dollar by
AllianceBernstein Global High Income Fund, Inc. ("Global High
Income"; NYSE: AWF) (the "Acquisition") will take place. The amount
of the final distribution, if any, and payable date will not be
determined until approximately the closing of the Acquisition. As
previously announced, at a Special Meeting of Stockholders of
Alliance World Dollar Government Fund, Inc held on January 19,
2007, stockholders approved the Acquisition. The Acquisition will
occur as of the close of business on February 23, 2007. As a result
of the Acquisition, stockholders of World Dollar will receive
shares of Global High Income equivalent in aggregate net asset
value to the shares they held in World Dollar. Stockholders
participating in World Dollar's dividend reinvestment plan will
receive full and fractional Global High Income shares. Other
stockholders will receive cash in lieu of fractional shares. World
Dollar is a diversified, closed-end U.S.-registered management
investment company advised by AllianceBernstein L.P. As of February
9, 2007, the total net assets of World Dollar were $128,609,850.
DATASOURCE: Alliance World Dollar Government Fund, Inc. CONTACT:
Shareholder: 1-800-221-5672 Web site:
http://www.alliancebernstein.com/
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