Certain BlackRock Funds Announce Final Results of Tender Offers
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BlackRock closed-end funds announced the final results of their tender offers, which were oversubscribed. Each fund will purchase shares from all tendering shareholders.
November 19, 2024 | 2:30 am
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The BlackRock closed-end fund BCAT announced that its tender offer was oversubscribed, leading to share purchases from all tendering shareholders.
The oversubscription of the tender offer indicates strong demand for BCAT shares, which could positively impact the fund's market perception and share price in the short term.
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