Lazard World Dividend & Income Fund, Inc. (NYSE:LOR) today announced the expiration and preliminary results of its one-time tender offer to acquire, in exchange for cash, up to 20% of its outstanding shares of common stock (the “Offer”). The purchase price for validly tendered shares is $10.04 per share, which is equal to 98% of LOR’s net asset value per share as of the close of regular trading on the New York Stock Exchange today. Based upon preliminary information provided by Broadridge Corporate Issuer Solutions, Inc., the information agent for the Offer (the “Information Agent”), 3,560,562 shares, or approximately 52% of LOR’s outstanding shares, were tendered.

source https://finance.yahoo.com/news/lazard-world-dividend-income-fund-234500097.html?.tsrc=rss