ACM MANAGED MULTI-MARKET TRUST, INC. DIVIDEND DECLARATION.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , March 28, 1995--(BUSINESS WIRE)--ACM Managed Multi-Market Trust, Inc. (NYSE NYSE See: New York Stock Exchange : MMF See multimode fiber. ) (the "Fund"), a closed-end management investment company, declared on this date, March 28, 1995, a monthly income dividend of $0.06 per share of Common Stock, payable on April 13, 1995 to shareholders of record at the close of business on April 7, 1995. Ex-date will be April 3, 1995. On March 24, 1995, the Fund convened a special meeting of its shareholders to consider a proposed Agreement and Plan of Reorganization and Liquidation The collection of assets belonging to a debtor to be applied to the discharge of his or her outstanding debts. A type of proceeding pursuant to federal Bankruptcy providing for the transfer of the Fund's assets and liabilities in exchange for Class A shares of Alliance Multi- Market Strategy Trust, Inc., an open-end management investment company with investment policies substantially similar to the Fund's (the "Transfer"). A quorum not being present, the meeting was adjourned for further solicitation of proxies until April 21, 1995. The Fund reported, however, that over 80% of the proxies received so far had been voted in favor of the Transfer. If the proposal is approved on April 21, the Fund expects the Transfer to occur after the close of business on Friday, May 5, 1995. ACM (Association for Computing Machinery, New York, www.acm.org) A membership organization founded in 1947 dedicated to advancing the arts and sciences of information processing. In addition to awards and publications, ACM also maintains special interest groups (SIGs) in the computer field. Managed Multi-Market Trust, Inc. is managed by Alliance Capital Management L.P. CONTACT: Linda Finnerty 212-969-1316 |
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