Attached files
file | filename |
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8-K - FORM 8-K - RiverSource LaSalle International Real Estate Fund, Inc. | c61639e8vk.htm |
Exhibit 99.1
Media contact:
|
Charles Keller | |
612-678-7786 | ||
charles.r.keller@ampf.com | ||
Stockholder contact:
|
Gary Terpening | |
212-850-1533 | ||
gary.a.terpening@ampf.com |
RIVERSOURCE LASALLE INTERNATIONAL REAL ESTATE FUND, INC.
ANNOUNCES RECORD AND MEETINGS DATES FOR SPECIAL MEETING OF
STOCKHOLDERS
ANNOUNCES RECORD AND MEETINGS DATES FOR SPECIAL MEETING OF
STOCKHOLDERS
BOSTON, MA, December 2, 2010 RiverSource LaSalle International Real Estate Fund,
Inc. (the LaSalle Closed-End Fund) (NYSE: SLS) today announced that it will hold a
Special Meeting of Stockholders (the Meeting) on February 15, 2011 in Boston, Massachusetts to
consider a proposal that the LaSalle Closed-End be acquired by Columbia Real Estate Equity Fund
(the Open-End Fund), an open-end fund which is a series of Columbia Funds Series Trust I (the
Acquisition). The close of business on December 17, 2010 has been fixed by the Closed-End Funds
board of directors as the record date for the determination of Stockholders entitled to notice of,
and to vote at, the Meeting or any postponement or adjournment thereof.
Each of the LaSalle Closed-End Fund and the Open-End Fund are managed by Columbia Management
Investment Advisers, LLC. As consideration for their shares, holders of the LaSalle Closed-End
Funds common stock would receive shares of the Open-End Fund with a value equal to the net asset
value of their shares of the LaSalle Closed-End Fund common stock on the closing date of the
Acquisition. Redemptions and exchanges of shares of the Open-End Fund issued pursuant to the
Acquisition would be subject to a redemption fee of 2% for a period of one year following the
closing date of the Acquisition. This and other information relating to the Meeting will be
described in a definitive notice of meeting and proxy statement/prospectus to be filed with the
Securities and Exchange Commission.
Stockholders may submit matters for consideration at the Meeting provided that such matters are
submitted in accordance with the Closed-End Funds Bylaws (which are available at
www.columbiamanagement.com), including, to the extent applicable, Rule 14a-8 of the
Securities Exchange Act of 1934.
Important Disclosures:
The foregoing is not an offer to sell, nor a solicitation of an offer to buy, shares of a fund, nor
is it a solicitation of any proxy. For information regarding the Open-End Fund, or to receive a
free copy of a proxy statement/prospectus relating to the proposed Acquisition once a definitive
registration statement relating to the proposed Acquisition has been filed with the Securities and
Exchange Commission (SEC) and becomes effective, please call the telephone number of the proxy
solicitor or visit its website, details of which may be obtained, when available, by visiting
columbiamanagement.com. The proxy statement/prospectus (when available) will contain important
information about fund objectives, strategies, fees, expenses and risk considerations. The proxy
statement/prospectus will also be available for free on the SECs website (www.sec.gov). Please
read the proxy statement/prospectus carefully before making any decision to invest or to approve
the Acquisition.
Columbia Management Investment Advisers, LLC is a wholly owned subsidiary of Ameriprise Financial,
Inc. Columbia Management Investment Distributors, Inc. (formerly known as RiverSource Fund
Distributors, Inc.) is the principal underwriter of the Columbia, Wanger, Columbia Acorn,
RiverSource, Seligman and Threadneedle branded mutual funds.