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Special Opportunities Fund, Inc. Elects to Retain a Portion of its Long Term Capital Gains

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Special Opportunities Fund, Inc. Elects to Retain a Portion of its Long Term Capital Gains Powered By Docstoc
					
				
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posted:12/31/2012
language:Japanese
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Description: NEW YORK--(BUSINESS WIRE)--Special Opportunities Fund, Inc. (NYSE: SPE) (the “Fund”) today announced that it has made an election to retain $1 million ($0.1468 per common share) of its realized long term capital gains for the year ending December 31, 2012. As a regulated investment company, these gains will be designated to common shareholders of record on December 31, 2012 and the Fund will pay federal income taxes of 35%, equivalent to $350,000 ($0.0514 per common share). The tax effect is the a
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