NEW YORK--(BUSINESS WIRE)--Ares Dynamic Credit Allocation Fund, Inc. (NYSE:ARDC) and Ares Multi-Strategy Credit Fund, Inc. (NYSE:ARMF) (each a “Fund” and together, the “Funds”) announced today that, at a joint special meeting of stockholders of the Funds (the “Special Meeting”) held on July 14, 2015, the stockholders of the Funds have approved proposals related to the proposed reorganization of ARMF into ARDC, whereby ARDC would acquire all of the assets and assume the stated liabilities of ARM