Special Opportunities Fund, Inc. Announces Share Repurchase Plan
Special Opportunities Fund, Inc. (NYSE: SPE) (the “Fund”) announced
today that the Board of Directors has authorized a share repurchase
program pursuant to which the Fund may purchase shares of its common
stock without limitation when such shares are trading at a discount to
net asset value subject to the “safe harbor” provisions set forth in
Rule 10b-18 of the Securities Exchange Act of 1934. The program will
become effective on April 19, 2013.