Wonder if recent drop has anything to do with the possible tender offer. Anyone know if there are tender offer possibilities for any of the other Alliance Funds?
Measurement period for the possible tender offer ends this Friday, the 11th:http://biz.yahoo.com/prnews/030417/nyth104_1.html
please explain how the tender offer can account for the huge drop in share price over last two days. I understand that the NAV is arround 12.25 and price is now way below that figure. Thanks for any insights.