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Allianz AGIC Target Fund reorganization to occur in second quarter
By Tali David
Minneapolis, March 8 - Allianz Funds expects the closing date of the Allianz AGIC Target Fund's reorganization to be during the second quarter of 2012, according to a 497 filing with the Securities and Exchange Commission.
On Dec. 15 and Dec. 16, Allianz's board of directors approved an agreement and plan of reorganization under which the AGIC Target Fund would be reorganized on a tax-free basis with and into the Allianz RCM Mid-Cap Fund.
The funds' adviser is Allianz Global Investors Capital LLC, which has offices in Dallas, New York, London and San Diego.
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