Kayne Anderson Energy Infrastructure Fund, Inc. /
Kayne Anderson NextGen Energy & Infrastructure, Inc.
Kayne Anderson funds plan combination through merger
What happened
Kayne Anderson Energy Infrastructure Fund, Inc. and Kayne Anderson NextGen Energy & Infrastructure, Inc. are parties to a merger agreement dated March 24, 2023, amended and restated on April 24, 2023. The agreement provides for Kayne Anderson NextGen Energy & Infrastructure, Inc. to merge into a wholly owned subsidiary of Kayne Anderson Energy Infrastructure Fund, Inc.
Kayne Anderson NextGen Energy & Infrastructure, Inc. stockholders can elect to receive shares or cash, subject to adjustment and proration procedures. Terms weren't disclosed.
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Kayne Anderson funds plan combination through merger
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