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PennyOmega.com Stock Report! 8/28/09, FCT, MRVL, DRCO, SPP, IFN, DANR
Penny Omega (August 28th, 2009) Writes:
PennyOmega.com Stock Report!
PennyOmega.com Hot Stock News & Alerts!
Friday August 28, 2009
PennyOmega.com Stock Report!
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Corners Senior Floating Rate Income Fund II (NYSE:FCT), a closed-end fund managed by First Trust Advisors L.P., announced today that it has commenced an offer to purchase for cash up to 100% of its outstanding Auction Market Preferred Shares (consisting of Series A shares and Series B shares; collectively, the “AMP Shares”) at a price equal to 97% of the liquidation preference of $25,000 per share ($24,250 per share). The offer commenced today and will expire at 5:00 P.M., Eastern time, September 28, 2009, or such later date to which the offer is extended.
A Federal Court has ordered notice
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