Fort Lauderdale, Florida-based
Templeton Dragon Fund (
TDF) has launched a plan to purchase 10 percent of its outstanding common stock. Templeton Dragon Fund is a closed-end management investment company.
The offer is for a price per share equal to 90 percent of the net asset value per share as of the date the offer expires. The offer expires on July 10, 2002. The offer begins today. 
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