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.

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BLACKROCK Municipal Income TRUST > All major players wanted Redecan....

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Comment by Select55on Jul 30, 2021 12:18pm

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Post# 33632369

RE:RE:RE:All major players wanted Redecan....

READ there is a Break clause on both sides its not a done deal ,vote or no vote

vulcan123456789 wrote:

Select55 wrote: Iam pretty sure they will either break or renegotiate terms bcasue currently redecan is set to lose 170 million in share value based on the 7;53 per share hexo offered

quebec4ever wrote: Why did Redecan pick Hexo even with higher offers? It's the million dollar question......this is (imho) the perfect match! Dont forget we dont need a Tabacco partner anymore redecan redees are #1 in Canada ...DYODD.

redecan already approved it.. in my mind as long as we vot to approve it we should see deal go through as is.. share price could have gone the other way and they would receive more value. its like buying a house. and having a six month close...house values could shoot up or down 25 percent but deal stands as it is..you cant ask for more.. unless you have seen the contract ..dont assume or dictate to the board that it will cost us more or deal would be off due to share price.. ..jmho cheers