This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:MBIA Capital/Claymore Managed Duration Investment Grade Municipal Fund Announces Tender Offer Program 2009-11-27 16:17 ET - News Release 
Company Website:
http://www.claymore.com/cef
NEW YORK -- (Business Wire)
MBIA
Capital/Claymore Managed Duration Investment Grade Municipal Fund
(the “Fund”) (NYSE:MZF) today announced that it will commence a tender
offer for up to 15% of its outstanding common shares at a price equal to
at least 98% of the Fund’s net asset value (“NAV”) per share on the date
the tender offer expires. The Fund will commence the initial tender
offer prior to March 1, 2010 (the “Initial Tender Offer”). In addition,
upon the occurrence of certain events as set forth below and certain
other terms and conditions, the Fund’s Board of Trustees has also agreed
to conduct three additional tender offers as soon as reasonably
practicable after June 1, 2010, September 1, 2010 and December 1, 2010
(the “Conditional Tender Offers”).
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