DREYFUS FOCUS FUNDS INC
497, 1994-08-08
Previous: MUNICIPAL INVT TR FD INTERM TERM SER 235 DEFINED ASSET FDS, 497, 1994-08-08
Next: TCI LIBERTY HOLDING CO, 8-K, 1994-08-08



                                                           August 5, 1994
                                    DREYFUS FOCUS FUNDS, INC.
                                 SUPPLEMENT TO PROSPECTUS
                                       DATED JULY 1, 1994
I.    PROPOSED MERGER OF THE DREYFUS CORPORATION
    The Fund's adviser, The Dreyfus Corporation ("Dreyfus"), has entered into
an Agreement and Plan of Merger providing for the merger (the "Merger") of
Dreyfus with a subsidiary of Mellon Bank, N.A. ("Mellon").
    Following the Merger, it is planned that Dreyfus will be a direct
subsidiary of Mellon Bank. Closing of the Merger is subject to a number of
contingencies, including approvals of the stockholders of Dreyfus and of
Mellon. The Merger is expected to occur in late August 1994, but could occur
significantly later.
    The Merger will result in the automatic termination of the Fund's current
investment advisory agreement with Dreyfus as required by the Investment
Company Act of 1940, as amended. The Merger also will necessitate
implementation of a new Distribution Plan.
II.    RESULTS OF FUND SHAREHOLDER VOTE
    On August 5, 1994, the Fund's shareholders voted to approve (i) a new
investment advisory agreement with Dreyfus, and (ii) a new Distribution Plan,
each to become effective upon consummation of the Merger.

FFI/stkr080594



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission