by Travis Johnson, Stock Gumshoe | June 25, 2013 5:37 pm
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If this move is to eliminate the discount; then aren’t you for sure gonna get a 16% pop when TTF is not longer a closed end ?
The restructuring’s goal in part is to reduce the discount by making tender offers easier and more effective … But theres no guarantee that this effort will work well, they’re not going to stop being a closed-end fund so continuing discounts of some level are likely in perpetuity.