Business NewsMarketWire • Bexil Corporation Announces Transaction Agreement

Bexil Corporation Announces Transaction Agreement

Bexil Corporation Announces Transaction Agreement

NEW YORK, NY--(Marketwire - November 9, 2010) -  Bexil Corporation (PINKSHEETS: BXLC) today announced that it has entered into an agreement (the "Transaction Agreement") with Chartwell Investment Partners ("Chartwell"), the investment adviser to Chartwell Dividend & Income Fund (the "Fund"), to facilitate the transfer of the investment management services and responsibilities for the Fund, together with certain assets and transitional services related thereto, to Bexil Advisers LLC ("Bexil Advisers"), a wholly owned subsidiary of Bexil.

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