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BLACKROCK Municipal Income TRUST V.BFK.P


Primary Symbol: BFK

BlackRock Municipal Income Trust (the Fund) is a diversified closed-end management investment company. The Fund's investment objective is to provide current income exempt from federal income taxes. Under normal market conditions, the Fund invests at least 80% of its managed assets in investments the income from which is exempt from federal income tax (except that the interest may be subject to the alternative minimum tax). The Fund may invest directly in securities or synthetically through the use of derivatives. The Fund's investment policies provide that it invests at least 80% of its total assets in investment grade quality municipal obligations issued by or on behalf of states, territories and possessions of the United States and their political subdivisions, agencies or instrumentalities, each of which pays interest that, in the opinion of bond counsel to the issuer, is excludable from gross income for federal income tax purposes. Its investment adviser is BlackRock Advisors, LLC.


NYSE:BFK - Post by User

Comment by Bigbaboonon Dec 14, 2018 7:21am
123 Views
Post# 29114517

RE:Quebec considers buying 33% of LNC to avoid non PQ buyer

RE:Quebec considers buying 33% of LNC to avoid non PQ buyerdo you realize that you are comparing a 50 000-employee global corporation to 500-employee start-up??? Do you really think the Caisse and investissement Qubec give a damn about HEXO ? I understand you are not trying to bash, but please don't spread non-sense on this board....
georgeNOTsoros wrote: Again, I'm not bashing Hexo.... it's a company with tons of promise... and pot ..lol...
but it's price is lower than it should be because of Quebec politics....... and I have no problem with Quebec..... they're doing what's best for Quebec, but not what is best for LNC shareholders...

Here's a direct quote from the story.........
 
"Local investors such as the Caisse de Depot et Placement du Quebec and Investissement Quebec — an arm of the provincial government — could team up to amass a “blocking” stake of at least 33 per cent in SNC, Legault said. SNC could also look to adopt a dual-class share structure to prevent unwanted takeovers, the premier said."


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