First Asset Income & Growth Fund
TSX : IGF.UN

First Asset Income & Growth Fund
First Asset

First Asset

December 30, 2009 09:00 ET

First Asset Income & Growth Fund Announces Completion of Merger

TORONTO, ONTARIO--(Marketwire - Dec. 30, 2009) - First Asset Income & Growth Fund (TSX:IGF.UN) ("Income & Growth") announces the completion of its merger with Criterion Global Dividend Fund ("Global Dividend"). 

Each issued and outstanding unit of Income & Growth received 1.01086 Class D Units of the Global Dividend in connection with the merger. 

The exchange ratio was determined by dividing (i) the net asset value per unit of Income & Growth as at the close of business on December 29, 2009 (i.e. $8.01943 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