Fiduciary/Claymore Energy Infrastructure Fund
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Company profile

Fiduciary/Claymore Energy Infrastructure Fund, formerly Fiduciary/Claymore MLP Opportunity Fund, is a non-diversified and closed-end management investment company. The Fund's investment objective is to provide a high level of after-tax total return with an emphasis on current distributions paid to shareholders. The Fund seeks to provide an efficient vehicle through, which its shareholders may invest in a portfolio of publicly traded securities of master limited partnerships (MLPs) and MLP affiliates. It invests at least 80% of its managed assets in MLPs and affiliates of MLPs, and at least 65% in equity securities of MLP entities. It may invest up to 40% of its managed assets in unregistered or otherwise restricted securities, including up to 20% of its managed assets in securities. Guggenheim Funds Investment Advisors, LLC is the investment advisor of the Fund.

Closing Price
$9.11
Day's Change
0.00 (0.00%)
Bid
--
Ask
--
B/A Size
--
Day's High
9.21
Day's Low
9.08
Volume
(Average)
Volume:
146,988

10-day average volume:
152,929
146,988

Caesars and Eldorado set termination fees for their proposed deal

7:05 am ET June 25, 2019 (MarketWatch)
Print

Caesars Entertainment Corp. (CZR) and Eldorado Resorts Inc. (ERI) set the termination fees for the $8.6 billion deal agreed Monday, saying int a regulatory filing that if Caesars terminates the deal in favor of another one or in other circumstances it would pay Eldorado a termination fee of $418 million. If the deal were terminated by Eldorado, it would pay Caesars a termination of fee of $155 million, said the filing. "In addition, each party will be obligated to reimburse the other party's expenses for an amount not to exceed $50 million if the Merger Agreement is terminated because of the failure to obtain the required approval of such party's stockholders (creditable against any termination fee that may subsequently be paid by such party)," said the filing. Both stocks were slightly lower in premarket trade.

-Ciara Linnane; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

June 25, 2019 07:05 ET (11:05 GMT)

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