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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 predawnon Nov 24, 2018 1:33pm
239 Views
Post# 29017600

RE:RE:RE:RE:RE:RE:RE:HEXO paid Molson's $69M in warrants for their Joint Venture

RE:RE:RE:RE:RE:RE:RE:HEXO paid Molson's $69M in warrants for their Joint VentureAll the deal does is allow molsons to buy 11,500,000 shares for $6 sometime in the future, so if for some unbeleivable good fortune(dont hold your breath) HEXO goes to 12$  they  make 69 million clear profit;;;  BUT to say HEXO paid them $69 million dollars is disengenuous at best and in reality HEXO will make 69 Million not molsons if Molsons converts the warrents 
Oasisjunior wrote:
Thanks for explaining this and using little words so everyone here understands how this deal was set up with Molson.


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