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.

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BLACKROCK Municipal Income TRUST

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Post by mrshelving1024on Jan 25, 2019 12:00pm

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Post# 29281402

IMHO, the key piece of information regarding

the $50M offer next to the price of $6.50, is that, (as far as I can see) there are no bonus warrants attached to the shares. If I am incorrect, please point me in the right direction via a link so that we all can confirm. No warrants, and the firm offer price tells me that HEXO had zero problem attracting the transaction handlers. Would have been nice at last Friday’s sp, but all’s good for long term investors. Every time the share price comes under pressure, I get the feeling that a take out offer is near. I have been keeping my eye on Cronos ever since the $1.8 B cash infusion from Atria.
IMHO, Tilray has been taken off the table after their NR with Labatts.
Just some thoughts.

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