First Asset/BlackRock North American Dividend Achievers(TM) Trust
TSX : BDA.UN

First Asset/BlackRock North American Dividend Achievers(TM) Trust
First Asset

First Asset

December 30, 2009 09:00 ET

First Asset/BlackRock North American Dividend Achievers™ Trust Announces Completion of Merger

TORONTO, ONTARIO--(Marketwire - Dec. 30, 2009) - First Asset/BlackRock North American Dividend Achievers™ Trust (TSX:BDA.UN) ("BDA Fund") announces the completion of its merger with Criterion Global Dividend Fund ("Global Dividend"). 

Each issued and outstanding unit of BDA received 0.73904 Class D Units of Global Dividend in connection with the merger. 

The exchange ratio was determined by dividing (i) the net asset value per unit of BDA Fund as at the close of business on December 29, 2009 (i.e. $5.86302 per Unit) by (ii) net asset value per Class D Unit of Global Dividend as at the close of business on December 29, 2009 (i.e. $7.93326 per Unit).

Contact Information

  • First Asset
    Robert MacNiven
    Investor Relations
    416-642-1289 or 1-877-642-1289
    www.firstasset.com