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 > PTA: The 5 Potential Suitors and the reasons

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Comment by perdikaoilgason Mar 08, 2015 4:35am

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Post# 23500905

RE:PTA: The 5 Potential Suitors and the reasons

One more remark. Amerisur Resources (AMER.L) is 100% dependent on one Block in the Putumayo Basin and one oilfield (Platanillo), so they know very well that they must diversify as soon as possible.

And since Amerisur's EV is very high, AMER.L can pay with shares. This is typical for the companies with high EV.

I think PTA shareholders do not care whether they are paid in cash or shares. The acquisition price only matters.

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