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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

BLACKROCK Municipal Income TRUST > Link to BNN interview, NO mention of $1.4 billion offer
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Comment by VeritasVernon Jun 15, 2021 11:47am
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Post# 33388560

RE:RE:Link to BNN interview, NO mention of $1.4 billion offer

RE:RE:Link to BNN interview, NO mention of $1.4 billion offer
Touran77 wrote:

 

VeritasVern wrote: https://www.bnnbloomberg.ca/commodities/video/hexo-buying-cannabis-producer-redecan-for-925m~2211223

There's the link so we now know the $1.4 billion other offer is complete BS, which isn't surprising coming from those on this board.
 

 

 

Here is the reel link. Please check at 6:35. Do I need to do everything for you? :P 

https://www.bnnbloomberg.ca/marijuana/video/focused-product-strategy-can-bring-us-ahead-in-the-u-s-market-hexo-ceo~2222003

 


when making big statements, good to include a link - I would think - especially since it is at the $1.4 billion level..... Regarding the 1.4 billion offer there are no details on that. It may have to do that Hexo is offering $400 million in cash, which the "other" company did not. Nice to have $400 million sitting in the bank as opposed to stocks plus they get 525 million in stocks.
My take away from the interview was the quality issue Hexo has and lost market share in Quebec. Hard to get that back once consumers move on to others. Keep in mind analyst have downgraded Hexo despite aquisitions. Keep in mind SSL has lost some credibility by the market on comments due to the $400 million earning he made in past...
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