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Special Opportunities Fund, Inc. (NYSE: SPE) today announced that it has entered into a standstill agreement with Delaware Enhanced Global Dividend and Income Fund (NYSE: DEX) in connection with
the proposed reorganization of DEX into abrdn Global Dynamic Dividend Fund (NYSE: AGD).
Among other things, the agreement provides for DEX to conduct a tender offer to purchase up to 30% of its issued and outstanding common shares contingent on shareholder approval of the proposed
reorganization at a price equal to 98% of its net asset value per share.
