Royce Value Trust Announces Terms for Spin-Off of Royce Global Value Trust

By: Benzinga
The spin-off of Royce Global Value Trust, Inc. (“Global Trust”), a newly organized, diversified, closed-end management investment company, was approved by the stockholders of Royce Value Trust, Inc. (NYSE: RVT ) (“Value Trust”) on September 5, 2013. Value Trust announced today that the distribution of Global Trust common stock
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