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Gabelli Equity Trust Announces Rights Are Expected to Trade “Ex Rights” on the New York Stock Exchange on November 3, 2017

GABELLI EQUITY TRUST COMMON (GAB)  More Company Research Source: Business Wire
US:NYSE Investor Relations: gabelli.com/funds/products/-111.html
PDF RYE, N.Y.--(BUSINESS WIRE)-- The Board of Directors of The Gabelli Equity Trust Inc. (NYSE:GAB) (the “Fund”) previously announced a transferable rights offering which will allow the Fund’s record date common shareholders to acquire additional common shares (the “Offering”). The Offering to acquire additional common shares will be made only by means of a prospectus, and this announcement does not constitute an offer to sell, or a solicitation of an offer to buy, any of the Fund’s securities. The Rights traded “when issued” on the New York Stock Exchange on November 2, 2017, and the Fund’s common shares are expected to trade “Ex-Rights” on the New York Stock Exchange beginning on November 3, 2017. The Rights are expected to begin trading for normal settlement on the New York Stock Exchange (NYSE:GAB RT) on or about November 9, 2017. SUMMARY OF THE TERMS OF THE OFFERING Each sharehol [Read more]

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