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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

Comment by twogoodon Nov 13, 2015 4:43pm
272 Views
Post# 24290357

RE:RE:RE:Sell it...

RE:RE:RE:Sell it...Black Spruce Merchant Capital Corp., has provided the board of directors of

Petroamerica with a verbal opinion that the consideration to be received by

Petroamerica shareholders pursuant to the Acquisition is fair, from a financial point of

view. Officers, directors and shareholders that collectively hold approximately 10.13%

of the issued and outstanding Petroamerica shares have entered into voting support

agreements and have agreed to vote their 11,032,858 securities in favour of the

Acquisition.


I THINK THIS DEAL IS DONE.

 IF THE TOP INSTITUTIONAL SHAREHOLDERS SUPPORT THE MANAGEMENT,

THIS IS GOING THROUGH.
THE SMALL RETAILERS DON'T HAVE ENOUGH TO

SHARES TO REJECT THIS DEAL
 .

NO WONDER, MANAGEMENT HAVE NOT BOUGHT ANY SHARES FOR THE PAST YEAR.

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