AllianceBernstein Funds Announce Merger of Equitable and Corebridge Financial
Equitable Holdings and Corebridge Financial have announced a merger agreement, which is expected to close by the end of 2026. The merger will trigger the automatic termination of the investment advisory agreements between AllianceBernstein National Municipal Income Fund (AFB) and AllianceBernstein Global High Income Fund (AWF) and their adviser, AllianceBernstein L.P. The Funds will need to approve a new advisory agreement post-merger.
Topics: corporate restructuring investment advisory agreement merger regulatory approval shareholder approval