]> Press Release - Closed End-Fund - Tender Offer
tagline

Board of Trustees of Franklin Universal Trust Recommends that Shareholders Reject Bulldog's Tender Offer

From: Franklin Advisers, Inc.
Contact: Franklin Templeton Fund Information
Telephone:(800) 342-5236

San Mateo, CA, February 27, 2008 The Board of Trustees of Franklin Universal Trust (the “Fund”) [NYSE:FT] unanimously recommends that the Fund’s shareholders reject the conditional tender offer by Bulldog Investors General Partnership (“Bulldog”) announced on February 15, 2008 to purchase shares of the Fund. 

View the entire press release