Templeton Emerging Markets Income Fund T.TEI

Primary Symbol: TEI

Templeton Emerging Markets Income Fund (the Fund) is a closed-end management investment company. The Fund seeks high, current income, with a secondary goal of capital appreciation, by investing, under normal market conditions, at least 80% of its net assets in income-producing securities of sovereign or sovereign-related entities and private sector companies in emerging market countries. The Fund invests in bonds from emerging markets around the world to generate income for the Fund, seeking opportunities while monitoring changes in interest rates, currency exchange rates and credit risk. Its investment portfolio includes foreign government and agency securities, corporate bonds, convertible bonds, and short-term investments. Its markets are located in the Asia Pacific region, Eastern Europe, the Middle East, Central and South America and Africa. The Fund's investment manager is Franklin Advisers, Inc.

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Templeton Emerging Markets Income Fund > Acquisition vote

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Post by deerabbyon Apr 14, 2020 12:21am

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Post# 30906094

Acquisition vote

The offer by i3 energy is about .002 (one fifth of one cent). Even if we were to receive 5 times our money in one year that would provide us with one cent. We can get one cent today! Also if the increase in i3 shares does materialize, we would be better off selling today for one cent and investing the proceeds in i3 shares today! That is a pig in a poke! The offer is totally unacceptable and I will vote definitely NO as should any other thinking shareholder. If a no deal causes the company bankruptcy because of a faulty negotiation by management, then so be it!

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