Insight Select Income Fund Announces Results of Special Meeting of Shareholders Relating to Reorganization With and Into KKR Income Opportunities Fund
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Insight Select Income Fund (NYSE:INSI) shareholders have approved a reorganization plan to transfer all assets and certain liabilities to KKR Income Opportunities Fund (NYSE:KIO).
January 10, 2025 | 9:45 pm
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POSITIVE IMPACT
INSI shareholders approved a reorganization plan to transfer all assets and certain liabilities to KKR Income Opportunities Fund.
The approval of the reorganization plan is likely to positively impact INSI's stock as it indicates a strategic move to consolidate assets with KKR Income Opportunities Fund, potentially leading to better asset management and returns.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
KKR Income Opportunities Fund will receive all assets and certain liabilities from INSI as part of a reorganization plan approved by INSI shareholders.
The acquisition of INSI's assets and liabilities is likely to positively impact KIO's stock as it expands its asset base, potentially enhancing its income opportunities and market position.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80