PIMCO Multi-Sector Income Fund T.PIX

Primary Symbol: T.PIX.UN

PIMCO Multi-Sector Income Fund (the Fund) is a Canada-based closed-end investment fund. The Fund’s investment objectives is to provide unitholders (the Unitholders) with current income as primary objective and capital appreciation as secondary objective, through various market cycles, by utilizing a dynamic asset allocation strategy among multiple sectors in the global credit markets, including corporate debt, mortgage-related and other asset-backed securities, government and sovereign debt, taxable municipal bonds, other fixed-, variable- and floating-rate income-producing securities of U.S. and global issuers, including emerging market issuers, and real estate-related investments. PIMCO Canada Corp. (PIMCO Canada) is the trustee, investment fund manager and portfolio adviser of the Fund (the Manager), Pacific Investment Management Company LLC (PIMCO) is the sub-adviser and State Street Trust Company Canada is the custodian of the Fund.

TSX:PIX.UN - Post by User

PIMCO Multi-Sector Income Fund > no competing bids...

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Comment by SolidFuelon Jan 02, 2013 1:45am

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Post# 20787553

RE: no competing bids...

We can't conclude that "there doesn't appear to be anyone else on the horizon."

There's no reason a competing bidder has to rush forward with their offer... my reading of the Peer 1 news release from December 21st suggests that there's plenty of time.

The December 21st releaase says: The offer will be open for acceptance for a period of not less than 35 days

Sounds like we may have to wait until the end of January for the competing bids to arrive.

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