Alliance Capital Announces Purchase Price For Alliance Capital Units To Be Purchased in Exchange Program.

PR Newswire | December 16, 2002 | Copyright

Alliance Capital Management Holding L.P. ("Alliance Holding") and Alliance Capital Management L.P. ("Alliance Capital") today announced that the purchase price for the Alliance Capital units to be purchased for cash in the previously announced exchange program will be $32.87 per unit. This purchase price is the average of the closing prices of an Alliance Holding unit (as reported in The Wall Street Journal under "New York Stock Exchange Composite Transactions") for the five trading days ending on (and including) Thursday, December 12, 2002. The exchange program and ...

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