NEW YORK, June 16 /PRNewswire-FirstCall/ -- ACM Managed Dollar Income Fund, Inc. (NYSE:ADF) (the "Fund") announced today that in accordance with its tender offer for up to 3,329,202 of its shares of common stock which expired on Thursday, June 11, 2009 at 12:00 Midnight Eastern Time, the Fund has accepted that number of shares for payment at $6.86 per share. These shares represent approximately 18% of the Fund's outstanding shares. A total of 4,517,610 shares were properly tendered and not withdrawn prior to 5:00 p.m. Eastern Time on June 15, 2009, the final date for withdrawals. Therefore, on a pro rated basis, in accordance with the terms of the tender offer, approximately 73.69% of the shares so tendered by each tendering stockholder have been accepted for payment.
The Fund is a non-diversified, closed-end U.S. registered management investment company managed by AllianceBernstein L.P. As of June 11, 2009, the date on which the Fund's tender offer expired, the Fund's total net assets were approximately $126 million. DATASOURCE: ACM Managed Dollar Income Fund, Inc.
CONTACT: AllianceBernstein L.P. Shareholder Contact, +1-800-221-5672
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