Announced
Completed
Financials
Tags
investment company
Private Equity
Friendly
United States
Diversified Financials
Public
Completed
Single Bidder
Majority
Merger
Synopsis
Lazard Global Total Return and Income Fund completed the merger with Lazard World Dividend & Income Fund. The exchange ratio at which shares of LOR common stock were converted into shares of LGI common stock was 0.62. The combined fund has retained the name "Lazard Global Total Return and Income Fund" and the "LGI" ticker symbol. LOR ceased trading as of the close of business.
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