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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.


NYSE:BFK - Post by User

Post by thediggeron Feb 02, 2018 7:44am
223 Views
Post# 27486968

THCX and NAC

THCX and NAC
After that market correction, we will see a market consolidation for sure. THCX now have approx. $150M to spend, so they will have many opportunities. We know that they want to expand to Canada and to the world. A good candidate for them could be NAC. They are about to become one of the 4 Manitoba retailers and have foots in Australia and New Zealand from THC. Their market cap will be below $100M once the correction will be over. So, THCX will easily be able to acquire them. And keep in mind the Adam Miron and Chuck Rifici are 2 old friends from the Liberal Party, one was the director and the other the treasurer. What do you think about that, any comments?
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