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Lexington Seeks to Add Classes


Lexington Global Asset Managers of Saddle Brook, N.J., adviser to the Lexington Group of Funds, has filed a preliminary proxy with the SEC, asking investors to approve the creation of multiple share classes on the funds. Lexington is being acquired by ReliaStar Financial Corp. of Minneapolis, which in turn is being acquired by ING Group N.V. of Amersterdam, The Netherlands.