BlackRock Advisors, LLC announced today that, at a joint special meeting of shareholders (the “Meeting”) of BlackRock MuniHoldings Investment Quality Fund (NYSE: MFL) and BlackRock Municipal Income Fund, Inc. (NYSE: MUI and together with MFL, the “Funds,” and each, a “Fund”), the requisite vote of shareholders of MUI have approved the reorganization of MFL with and into MUI, with MUI continuing as the surviving Fund, and the transactions contemplated thereby (the “Reorganization”). MFL did not obtain the requisite votes of common shareholders to approve the applicable proposal. Accordingly, the Meeting with respect to the proposal to be voted on by common shareholders of MFL has been adjourned to March 4, 2022 at 10:30 a.m. (Eastern time) in order to continue to solicit proxies from common shareholders of MFL. The Reorganization will not be completed unless MFL obtains the requisite vote of common shareholders to approve the applicable proposal.
BlackRock Announces Results of Joint Special Shareholder Meeting Relating to the Reorganizations of Two Municipal Closed-End Funds
Feb 04, 2022
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