BlackRock Advisors closed the reorganization of BlackRock Municipal Bond Investment Trust (BIE) with and into BlackRock Municipal Income Investment Trust (BBF). Under the reorganization, BIE common shareholders received an amount of BBF common stock equal to the total net asset value of their holdings of BIE common stock. Fractional shares of BBF common stock weren't issued and, as a result, cash will be distributed for any such fractional amounts.

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