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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

Comment by SteveB44on Aug 06, 2018 7:17pm
92 Views
Post# 28418883

RE:RE:RE:Did HEXO just go from Seller to Buyer?? Is Aphria a target?

RE:RE:RE:Did HEXO just go from Seller to Buyer?? Is Aphria a target?
igalaaq wrote: I am hoping for Hexo to be the acquiree, not the acquirer.  If they acquire another LP, they will most likely have to issue more shares to do so (dilution), which taking ACB for example, has had an adverse effect on the share price.  If they are acquired, most likely there is a good chance that their share price could double in the deal, if Sebastion is as stubborn as we hope.  Just my opinion, and GLTA!



Well I think this deal could go either way. Aphria needs to pull the trigger on something that will give them a fighting chance to be a top player again in Canada so they either step up and buy HEXO or step aside and sell to HEXO. Recently Aphria has been sitting on the sidelines licking their wounds from the negative impact that came from overpaying on the NUU deal. At this moment HEXO is valued at not much more than APH paid for NUU...???

Either way in 2019 HEXO gets to $10/share. Sale/merger/acquisition. I believe it happens. 
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