Three Delaware Investments Closed End Funds Announce an Agreement for Sale of Delaware Investments
19 Agosto 2009 - 6:19AM
PR Newswire (US)
PHILADELPHIA, Aug. 19 /PRNewswire-FirstCall/ -- Today, Lincoln
Financial Group (NYSE:LNC) announced that it signed a definitive
stock purchase agreement to sell ownership of Delaware Management
Holdings, Inc. and its subsidiaries (also known by the marketing
name of Delaware Investments), including Delaware Management
Company, manager to the Delaware Investments Family of Funds, to
Macquarie Group, a global provider of banking, financial, advisory,
investment and funds management services. Delaware Management
Company is a series of Delaware Management Business Trust, the
investment adviser to Delaware Investments Dividend and Income
Fund, Inc., Delaware Investments Global Dividend and Income Fund,
Inc., and Delaware Enhanced Global Dividend and Income Fund
(together, the "Funds"). In connection with this announcement, the
Funds' Boards of Trustees/Directors (the "Board") will meet to
consider: (1) new investment management agreements between Delaware
Management Company and the Funds; and (2) the submission of a
proposal to the Funds' shareholders to approve the new investment
management agreements. The Funds will announce the Board's
determinations in a future press release. Delaware Investments
Global Dividend and Income Fund, Inc. Delaware Investments Global
Dividend and Income Fund, Inc. is a diversified, closed-end fund
that trades under the symbol "DGF" on the New York Stock Exchange.
The Fund's primary investment objective is to seek to provide high
current income. Capital appreciation is a secondary objective of
the Fund. There is no assurance that the Fund will achieve its
investment objectives. Delaware Investments Dividend and Income
Fund, Inc. Delaware Investments Dividend and Income Fund, Inc. is a
diversified, closed-end fund that trades under the symbol "DDF" on
the New York Stock Exchange. The Fund's primary investment
objective is to seek to provide high current income. Capital
appreciation is a secondary objective of the Fund. There is no
assurance that the Fund will achieve its investment objectives.
Delaware Enhanced Global Dividend and Income Fund Delaware Enhanced
Global Dividend and Income Fund is a diversified, closed-end fund
that trades under the symbol "DEX" on the New York Stock Exchange.
The Fund's primary objective is to seek current income, with a
secondary objective of capital appreciation. There is no assurance
that the Fund will achieve its investment objectives. About
Delaware Investments: Delaware Investments, an affiliate of Lincoln
Financial Group, is a Philadelphia-based diversified asset
management firm with more than $120 billion in assets under
management as of June 30, 2009. Through a broad range of managed
accounts and portfolios, mutual funds, retirement accounts,
sub-advised funds and other investment products, Delaware
Investments provides investment services to individual investors
and to institutional investors such as private and public pension
funds, foundations, and endowment funds. Delaware Investments is
the marketing name for Delaware Management Holdings, Inc. and its
subsidiaries. For more information on Delaware Investments, visit
the company at http://www.delawareinvestments.com/ or for
shareholder related questions, call 800 523-1918. Lincoln Financial
Group is the marketing name for Lincoln National Corporation
(NYSE:LNC) and its affiliates. For more information on Lincoln
Financial Group, visit http://www.lincolnfinancial.com/.
DATASOURCE: Delaware Investments CONTACT: Ayele Ajavon of Delaware
Investments, Media Relations, +1-215-255-1632, ; or Laurel O'Brien
of Lincoln Financial Group, Media Relations, +1-484-583-1735, Web
Site: http://www.delawareinvestments.com/
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