Western Asset Global High Income Fund Inc. Announces Results of Special Meeting of Stockholders: Proposal to Merge is Approve...
25 Juli 2016 - 2:00PM
Business Wire
Western Asset Global High Income Fund Inc. (NYSE:EHI) today
announced the results of the votes cast at EHI’s Special Meeting of
Stockholders held on July 22, 2016.
Stockholders of EHI voted to approve the merger of Western Asset
Global Partners Income Fund Inc. (NYSE:GDF) with and into EHI in
accordance with the Maryland General Corporation Law and the
Maryland Statutory Trust Act (the “Merger”).
Western Asset Global Partners Income Fund Inc. (NYSE:GDF) today
announced that GDF’s Special Meeting of Stockholders held on July
22, 2016 would be adjourned to permit further solicitation of
proxies. The Special Meeting of Stockholders is adjourned to August
12, 2016 at 11:00 a.m. Eastern Time at the offices of Legg Mason at
620 Eighth Avenue (at 41st Street), 49th Floor, New York, New
York.
Please remember that every vote is important. The Board of
Directors of GDF urges any stockholders who have not voted to vote
their proxies by entering their voting instructions at
www.proxyvote.com or by calling 1-800-337-3503.
For any questions regarding the stockholder meeting or voting,
please call Georgeson LLC, the proxy solicitor, at
888-565-5190.
If the Merger is approved by the stockholders of GDF,
stockholders of GDF would receive common stock of EHI, based on
each fund’s respective net asset value per share.
Each Fund is a non-diversified closed-end management investment
company managed by Legg Mason Partners Fund Advisor, LLC, a wholly
owned subsidiary of Legg Mason, Inc., and sub-advised by Western
Asset Management Company, Western Asset Management Company Limited,
and Western Asset Management Company Pte. Ltd., affiliates of the
investment adviser. Western Asset Global Partners Income Fund Inc.
is also sub-advised by Western Asset Management Company Ltd, an
affiliate of the sub-adviser.
For more information, please call Investor Relations:
888-777-0102, or consult either Fund’s web site at www.lmcef.com.
Hard copies of each Fund’s complete audited financial statements
are available free of charge upon request.
THIS PRESS RELEASE IS NOT AN OFFER TO PURCHASE NOR A
SOLICITATION OF AN OFFER TO SELL SHARES OF THE FUND OR LM TRUST.
THIS PRESS RELEASE MAY CONTAIN STATEMENTS REGARDING PLANS AND
EXPECTATIONS FOR THE FUTURE THAT CONSTITUTE FORWARD-LOOKING
STATEMENTS WITHIN THE PRIVATE SECURITIES LITIGATION REFORM ACT OF
1995. ALL STATEMENTS OTHER THAN STATEMENTS OF HISTORICAL FACT ARE
FORWARD-LOOKING AND CAN BE IDENTIFIED BY THE USE OF WORDS SUCH AS
“MAY,” “WILL,” “EXPECT,” “ANTICIPATE,” “ESTIMATE,” “BELIEVE,”
“CONTINUE” OR OTHER SIMILAR WORDS. SUCH FORWARD-LOOKING STATEMENTS
ARE BASED ON THE CURRENT PLANS AND EXPECTATIONS OF THE FUND AND LM
TRUST, AND ARE SUBJECT TO RISKS AND UNCERTAINTIES THAT COULD CAUSE
ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE DESCRIBED IN THE
FORWARD-LOOKING STATEMENTS. ADDITIONAL INFORMATION CONCERNING SUCH
RISKS AND UNCERTAINTIES ARE OR WILL BE CONTAINED IN THE FUND’S AND
LM TRUST’S FILINGS WITH THE SECURITIES AND EXCHANGE COMMISSION.
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version on businesswire.com: http://www.businesswire.com/news/home/20160725005113/en/
Media:Legg Mason, Inc.Maria Rosati,
212-805-6036mrosati@leggmason.com
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