Acquiring Fund Common Stock. At the Effective Time, each share of Acquiring Fund Common Stock issued and outstanding immediately prior to the Effective Time shall, by virtue of the Merger and without any action by the Acquiring Fund, the holder of such share or any other person, be cancelled and returned to the status of authorized and unissued shares of the Acquiring Fund, without payment of any consideration therefor.
Appears in 6 contracts
Samples: Agreement and Plan of Merger (Pioneer High Income Fund, Inc.), Agreement and Plan of Merger (Pioneer Municipal High Income Fund, Inc.), Agreement and Plan of Merger (Pioneer Floating Rate Fund, Inc.)
