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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 17, 2020 10:22am
86 Views
Post# 30921460

RE:RE:RE:RE:RE:RE:RE:RE:RE:Re: Acquisition vote

RE:RE:RE:RE:RE:RE:RE:RE:RE:Re: Acquisition voteThe best I3e move is to increase is offer to get TEI shareholders approval.

Then, I3e will  :
     Control the cost (low cost paid in I3e shares). 
     Faster few days after TEI shareholders approval
     Keep all assets, properties, pipeline, plan, and tax lost assets
     No risk
     All cash flow will go to I3e
     I3e shares will increase faster

If I3e put TEI in BK, I3e has to paid all the BK cost. 
I3e has no control on the cost.  The receiver is controling the cost, longer it take more $$$ for the receiver.
The BK process can take a year or more. 
It is the worst decidion I3e can take.
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