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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

Post by Skateron May 24, 2022 11:43am
117 Views
Post# 34703771

Tilray

TilrayEventually (perhaps sooner than later) Tilray will buy Hexo out (100%) soley for access to its sales channels.  They may keep some of the product lines, but production will for the most part move to Tilray and the rest will be shut down.  Its started already.  Shareholders/buyers today may see a premium on today's share price when that happens, but the dream of getting 10x, 20x or 30x your money back for those with high average costs is gone/done/over/never going to happen.  Can't believe there haven't been lawsuits filed for not taking the $2-$3 offer by Tilray to Hexo shareholders they disclosed.  I don't see Hexo making it on its own, no heavily vested shareholders or management to see it throuhg.  Hexo will be gone within a year.  But thats just my opinion.


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