1. First Trust Specialty Finance and Financial Opportunities Fund is set to be acquired by abrdn Total Dynamic Dividend Fund, but the process is taking longer than expected due to difficulties in obtaining shareholder approval. 2. The acquisition will significantly change FGB's underlying portfolio, moving from a focus on BDCs to a more diversified global fund. 3. Currently, the acquisition does not seem beneficial for FGB shareholders in terms of valuation, as AOD trades at a wider discount.