BlackRock Enhanced Government Fund, Inc. (EGF) Announces Shareholder Approval for Reorganization with and into BlackRock Income Trust, Inc. (BKT)
BlackRock Advisors, LLC announced today that, at a special meeting of shareholders of BlackRock Enhanced Government Fund, Inc. (NYSE:EGF), shareholders approved the proposals necessary for the previously announced reorganization of EGF with and into BlackRock Income Trust, Inc. (NYSE:BKT) (and together with EGF, "the Funds," and each, a "Fund"), with BKT continuing as the surviving Fund (collectively, the "Reorganization").
It is currently expected that the Reorganization will be completed effective as of March 24, 2025, subject to the satisfaction of customary closing conditions. The Reorganization, if completed, would occur based on the relative net asset values of each Fund's common shares.
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