d988265_sctoc.htm
As
filed with the Securities and Exchange Commission on May 1,
2009
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
DC 20549
____________________________________________
Schedule
TO
(Rule
14d-100)
Tender
Offer Statement under Section 14(d)(1) or 13(e)(4)
of
the Securities Exchange Act of 1934
(Amendment
No. )*
ACM
Managed Dollar Income Fund, Inc.
(Name of
Subject Company (Issuer))
ACM
Managed Dollar Income Fund, Inc.
(Name of
Filing Persons (Offeror and Issuer))
Common
Stock, Par Value $.01 Per Share
(Title of
Class of Securities)
000949107
(CUSIP
Number of Class of Securities)
Emilie
D. Wrapp
AllianceBernstein
L.P.
1345
Avenue of the Americas
New
York, New York 10105
(212)
969-1000
(Name,
address, and telephone number of person authorized to receive
notices
and communications on behalf of filing persons)
With
a copy to:
Kathleen
K. Clarke
Seward
& Kissel LLP
1200
G Street, NW
Washington,
DC 20005
Calculation
of Filing Fee
|
Transaction
Valuation*
|
Amount
of Filing Fee
|
|
$
|
$
|
|
*
|
Set
forth the amount on which the filing fee is calculated and state how it
was determined.
|
|
o |
Check
the box if any part of the fee is offset as provided by Rule 0-11(a)(2)
and identify the filing with which the offsetting fee was previously paid.
Identify the previous filing by registration statement number, or the Form
or Schedule and the date of its filing.
|
|
o |
Amount
Previously Paid:
Form
or Registration No.:
Filing
Party:
Date
Filed:
|
|
x |
Check
the box if the filing relates solely to preliminary communications made
before the commencement of a tender offer.
|
|
Check
the appropriate boxes below to designate any transactions to which the
statement relates:
|
|
o |
third-party
tender offer subject to Rule 14d-1.
|
|
x |
issuer
tender offer subject to Rule 13e-4.
|
|
o |
going-private
transaction subject to Rule 13e-3.
|
|
o |
amendment
to Schedule 13D under Rule 13d-2.
|
|
Check
the following box if the filing is a final amendment reporting the results
of the tender offer.
|
o |
Information Contained
Herein
Attached hereto are the following
relating to ACM Managed Dollar Income Fund, Inc.
|
1)
|
Press
Release dated May 1, 2009
|
|
2)
|
Press
Release dated February 5, 2009
|
Shareholder
Contact:
1-800-221-5672
ACM
MANAGED DOLLAR INCOME FUND, INC.
ANNOUNCES
COMMENCEMENT DATE OF TENDER OFFER
NEW YORK,
NY May 1, 2009 – ACM Managed Dollar Income Fund, Inc. (NYSE:ADF) (the “Fund”)
announced today basic terms of the tender offer to be conducted during the
second quarter of this year. Under the terms approved by the Fund’s
Board of Directors, the Fund will, pursuant to due notification, commence a
tender offer on May 4, 2009 for 924,778 shares of its common stock
representing approximately 5% of the Fund’s outstanding shares. The
offer will be for cash at a price equal to the net asset value per share
determined as of the close of the regular trading session of the New York Stock
Exchange on the date after the date the offer expires. The offer will
expire at 12:00 Midnight, Eastern Time, on June 1, 2009, unless
extended. On April 30, 2009, the net asset value of a share of the
Fund was $6.45 per share and the per share market price on the Exchange was
$5.47, representing a 15.19% discount from net asset value. The offer
is in fulfillment of an undertaking in connection with the initial public
offering of shares stated in the Fund’s prospectus dated October 22,
1993.
The terms
and conditions of the offer will be set forth in the Fund’s Offer to Purchase,
to be dated May 4, 2009, and the related Letter of Transmittal.
The Fund
is a non-diversified, closed-end U.S. registered management investment company
whose investment adviser is AllianceBernstein L.P. As of April 30,
2009, the Fund has current net assets of approximately $119 million and invests
substantially all of the assets in U.S. and non-U.S. fixed income securities
denominated in U.S. dollars with the primary investment objective of high
current income and a secondary investment objective of capital
appreciation.
This
announcement is not an offer to purchase or solicitation of an offer to sell
shares of the Fund. The offer is made only by the Offer to Purchase
and the related Letter of Transmittal. Holders of Fund shares should
read these documents when they are available because they contain important
information. These and other filed documents are available to
investors for free both at the website of the Securities and Exchange Commission
and from the Fund. The offer is not being made to, nor will tenders
be accepted from or on behalf of, holders of shares in any jurisdiction in which
making or accepting the offer would violate that jurisdiction’s
laws.
FOR
IMMEDIATE RELEASE
Shareholder
Contact:
1-800-221-5672
ACM
MANAGED DOLLAR INCOME FUND, INC.
DESIGNATES TENDER
OFFER MEASUREMENT PERIOD
NEW YORK,
NY February 5, 2009 -- ACM Managed Dollar Income Fund, Inc. (NYSE: ADF) (the
“Fund”) announced today that in accordance with its Prospectus dated
October 22, 1993, the Fund’s Board of Directors has fixed the 12-week
period ending Friday, May 1, 2009, as the measurement period for purposes of
determining whether the Fund will conduct a tender offer for shares of its
common stock.
As
provided in the Prospectus, and subject to the conditions and limitations
described therein, the Fund will conduct an annual tender offer for its shares
during the second quarter of each year if, during a 12-week period "prior to a
date designated by the Directors no later than the end of the first calendar
quarter," the Fund's shares have traded at an average discount from net asset
value of 3% or more determined on the basis of the discount or premium as of the
last trading day in each week during the 12-week period. As of the
close of trading on January 30, 2009, the Fund’s shares were trading at a
discount to net asset value of 17.02%.
As of
January 30, 2009, the Fund’s total net assets were approximately $113
million. The Fund is a non-diversified, closed-end U.S. registered
management investment company whose investment adviser is AllianceBernstein
L.P.
SK 00250
0158 988265