Neuberger Berman Real Estate Securities Income Fund Inc. (NYSE:
NRO) announced the preliminary results of its tender offer. The tender
offer, which expired at 5:00 p.m. New York time on Tuesday, November 29, 2011
was oversubscribed. Due to the fact that the number of shares tendered
exceeded the number of shares the Fund offered to purchase the Fund will
purchase the maximum percentage of outstanding common shares it previously
announced on a pro-rata basis in accordance with the number of shares duly
tendered by each shareholder and the terms of the Offer to Purchase, including
the “odd lot” adjustment.
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
