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BLACKROCK FLOATING RATE INCOME STRATEGIES FUND, INC. (FRA)

FRA 8-K filings in 2016

Every material Form 8-K BLACKROCK FLOATING RATE INCOME STRATEGIES FUND, INC. filed with the SEC in 2016, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.

Briefs in 201613 on record in all
Latest filing in 2016Oct 28, 2016shareholder
High impact (4-5)0of 1 brief
ToneNeutral1
Oct 28, 4:42 PM ET

BlackRock Floating Rate Income Strategies Fund adopts classified board and amended bylaws

Neutral shareholder Written later 7.01

On October 28, 2016, the fund's board elected to be subject to Section 3-803 of the Maryland General Corporation Law and amended and restated its bylaws to classify the board and change the election of directors. The changes are governance matters, and the filing does not describe any effect on fund operations or share value.

  • Board elected to be subject to Section 3-803 of the Maryland General Corporation Law on October 28, 2016
  • Amended and Restated Bylaws, effective October 28, 2016, classify the board and amend Article I, Section 11 on director elections
  • Exhibit 99.1 lists three director classes: Class I (Cynthia L. Egan, Michael J. Castellano, Catherine A. Lynch); Class II (R. Glenn Hubbard, W. Carl Kester, John M. Perlowski, Karen P. Robards); Class III (Richard E. Cavanagh, Frank J. Fabo
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