Common Contracts
2 similar null contracts by Blackrock Muniholdings New Jersey Quality Fund, Inc.
April 11, 2022 BlackRock MuniYield New Jersey Fund, Inc. BlackRock MuniHoldings New Jersey Quality Fund, Inc. Wilmington, DE 19809 Ladies and Gentlemen:Blackrock Muniholdings New Jersey Quality Fund, Inc. • July 29th, 2022
BlackRock MuniYield New Jersey Fund, Inc., a Maryland corporation (“MYJ” or the “Target Fund”), and BlackRock MuniHoldings New Jersey Quality Fund, Inc., a Maryland corporation (“MUJ” or the “Acquiring Fund” and together with MYJ, the “Funds,” and each, a “Fund”) have requested our opinion as to certain federal income tax consequences of the Acquiring Fund’s proposed acquisition of the assets of the Target Fund pursuant to an Agreement and Plan of Reorganization dated as of April 8, 2022 (the “Plan”). Pursuant to the Plan, (i) the Acquiring Fund will acquire substantially all of the Target Fund’s assets (the “Assets”) and assume substantially all of the Target Fund’s liabilities (the “Assumed Liabilities”) in exchange solely for newly issued common shares and Variable Rate Demand Preferred Shares (“VRDP Shares” and together with such common shares, the “Acquiring Fund Shares”) of the Acquiring Fund, which will be distributed to the common shareholders (although cash may be distributed
BlackRock MuniYield New Jersey Fund, Inc. BlackRock MuniHoldings New Jersey Quality Fund, Inc. Wilmington, DE 19809 Ladies and Gentlemen:Blackrock Muniholdings New Jersey Quality Fund, Inc. • December 16th, 2021
BlackRock MuniYield New Jersey Fund, Inc., a Maryland corporation (“MYJ” or the “Target Fund”), and BlackRock MuniHoldings New Jersey Quality Fund, Inc., a Maryland corporation (“MUJ” or the “Acquiring Fund” and together with MYJ, the “Funds,” and each, a “Fund”), have requested our opinion as to certain federal income tax consequences of the Acquiring Fund’s proposed acquisition of the assets of the Target Fund pursuant to an Agreement and Plan of Reorganization dated as of [●], 2021 (each, a “Plan”). Pursuant to each Plan, (i) the Acquiring Fund will acquire substantially all of the Target Fund’s assets (the “Assets”) and assume substantially all of the Target Fund’s liabilities (the “Assumed Liabilities”) in exchange solely for newly issued common shares and Variable Rate Demand Preferred Shares (“VRDP Shares” and together with such common shares, the “Acquiring Fund Shares”) of the Acquiring Fund, which will be distributed to the common shareholders (although cash may be distribute
