Cohen & Steers Tax-Adv Pref Secs and Inc Fund V.PTA

Primary Symbol: PTA

The Funds primary investment objective is high current income. The Funds secondary investment objective is capital appreciation The Fund seeks to achieve its investment objectives by investing at least 80% of its managed assets (i.e., net assets plus assets obtained through leverage) in a portfolio of preferred and other income securities issued by U.S. and non-U.S. companies, which may be either exchange-traded or available over-the-counter. In pursuing its investment objectives, the Fund seeks to achieve favorable after-tax returns for its shareholders by seeking to minimize the U.S. federal income tax consequences on income generated by the Fund. There can be no assurance that the Fund will achieve its investment objectives.

NYSE:PTA - Post by User

Cohen & Steers Tax-Adv Pref Secs and Inc Fund > M & A

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Comment by mrpanickon Mar 03, 2015 5:28pm

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Post# 23485875

RE:M & A

I don't think management is looking to sell the company unless they get a really great offer. Would be fun though if some bigger fish decided to throw out an offer. Might put the company in play and start a bidding war as happened for Suroco.
If there is an offer it might have something to do with the new transportation routes. Putumayo was always a very prolific area with a big time transportation bottleneck that could cause production to get shut in. WIth those concerns mostly gone, bigger players know that the region is going to be producing a lot more oil in a few years.

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