| Deal Description | The American Express International Fund was an unincorporated co-proprietorship, the assets of which were the undivided, jointly held property of the persons owning shares in the fund. Each share offered in this deal had one warrant attached entitling the shareholder, until December 31, 1970, to buy a one-half share of the fund at net asset value on the date on which the warrant was exercised, without any sales charges. The fund intended to use the proceeds from the sale to cover organizational and start-up expenses. |
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