Com or fax in the request to (201) 839-4512. Seller will sell to Buyer, free from any and all liens, encumbrances or liabilities, the Assets.Franklin Templeton today completed the acquisition of Benefit Street Partners LLC (BSP), a leading alternative credit manager. A 338(h)(10) is a tax election for a qualified stock purchase (QSP), which recharacterizes a stock purchase as an asset purchase for federal tax purposes. The purpose of this Offer to Purchase is to provide stockholders with a measure of liquidity, since there is otherwise no public market for the shares of our. • 2 months of complete asset statements for all accounts being used in the transaction.