BCAP~ 1.2B share buy back and retirement of the fl
Post# of 16816
Once the new Board is created a plan will be presented to eliminate the Preferred without converting any of the Preferred stock, but will entail the Company buying some of the Preferred and buying back half of the current float over a period of time.
http://online.wsj.com/article/PR-CO-20140805-907612.html