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BlackRock Enhanced Government Fund, Inc. (EGF) Announces Shareholder Approval for Reorganization with and into BlackRock Income Trust, Inc. (BKT)

1. Shareholders approved reorganization of EGF into BKT, strengthening its position. 2. BKT will continue as the surviving Fund post-reorganization, enhancing its market presence.

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FAQ

Why Bullish?

The consolidation of funds strengthens BKT's asset base and market position, historically improving performance post-merger.

How important is it?

The merger is a vital strategic move that could lead to improved fund performance and investor confidence.

Why Long Term?

Historically, similar fund reorganizations lead to long-term growth through enhanced asset management efficiencies.

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EGFBLK
NEW YORK--(BUSINESS WIRE)---- $BKT--BlackRock Advisors, LLC announced today that, at a special meeting of shareholders of BlackRock Enhanced Government Fund, Inc. (NYSE: EGF), shareholders approved the proposals necessary for the previously announced reorganization of EGF with and into BlackRock Income Trust, Inc. (NYSE: BKT) (and together with EGF, “the Funds,” and each, a “Fund”), with BKT continuing as the surviving Fund (collectively, the “Reorganization”). It is currently expected that the Reorgani.

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