Stockholders Approve the Acquisition of Assets and Assumption of Liabilities of Alliance All-Market Advantage Fund, Inc. by Alli

NEW YORK, Nov. 9  /PRNewswire-FirstCall/ -- At a Special Meeting of Stockholders of Alliance All-Market Advantage Fund, Inc. ("AMA" - NYSE: AMO) held today, stockholders approved the acquisition of the assets and the assumption of the liabilities of AMA by AllianceBernstein Large Cap Growth Fund, Inc. ("Large Cap Growth") (the "Acquisition").  It is anticipated that the Acquisition will occur in the first quarter of 2008.

Pursuant to the Acquisition, stockholders of AMA will receive shares of Large Cap Growth equivalent in aggregate net asset value to the shares they held in AMA as of the close of business on the acquisition date.  A final distribution for AMA may be made, if required under the Internal Revenue Code, on the acquisition date.

AMA is a diversified, closed-end U.S.-registered management investment company.  Large Cap Growth is a diversified, open-end U.S.-registered management investment company.  Both Funds are advised by AllianceBernstein L.P.  As of November 8, 2007, the total net assets of AMA and Large Cap Growth were, $50,645,368, and $2,419,095,198, respectively. 

DATASOURCE: AllianceBernstein L.P.



CONTACT:  Shareholder Contact, [phone]



Web site:  http://www.alliancebernstein.com/ 

Copyright