ALPINE TOTAL DYNAMIC DIVIDEND FUND (NYSE: AOD), ALPINE GLOBAL DYNAMIC DIVIDEND FUND (NYSE: AGD) and ALPINE GLOBAL PREMIER PROPERTIES FUND (NYSE: AWP) ANNOUNCE BOARD APPROVAL OF NEW ADVISOR...
abrdn Global Dynamic Dividend Fund Common Shares of Beneficial Interest (AGD)
US:NYSE Investor Relations:
aberdeenaod.com
Company Research
Source: GlobeNewswire
PURCHASE, N.Y., Dec. 21, 2017 (GLOBE NEWSWIRE) -- The Board of Trustees of each of Alpine Total Dynamic Dividend Fund (NYSE: AOD), Alpine Global Dynamic Dividend Fund (NYSE: AGD) and Alpine Global Premier Properties Fund (NYSE: AWP) (each, a “Fund” and collectively, the “Funds”) announced today that it had approved a new investment advisory (and for AWP, also a subadvisory) agreement. The new fund agreements were considered in light of an agreement between Aberdeen Asset Managers Limited (“AAML”) and Alpine Woods Capital Investors, LLC (“Alpine”), the Funds’ investment adviser, for AAML to acquire certain assets related to the investment management business of Alpine (the “AAML/Alpine Agreement”). The transaction related to the AAML/Alpine Agreement is targeted to close in the second quarter of 2018, but is subject to certain approvals and other conditions to closing, including the approval of the new investment advisory (and, for AWP, subadvisory) agreements by the shareholders of
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