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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.


NYSE:TEI - Post by User

Comment by HRc60to65on Apr 15, 2020 8:08pm
66 Views
Post# 30914179

RE:RE:Re: Acquisition vote

RE:RE:Re: Acquisition voteHi Harel,

5 200 000 TEI share is more than 3.5% of TEI.  

I will voted against I3e offer, except if the offer is increased to 0,3 share of I3e for each share of TEI. 

0,3 share of I3e (0.3 share = 0.0368$Can) for each share of TEI, is also a low ball offer by I3e, but it is better than nothing.

Only a fool never change his mind and I3e management are knowing it is a very good deal at 0.3 share of I3e. 

At that exchange rate (0.3 I3e share)  I will get 1 560 000 I3e shares instead of 146 120 shares.


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