It will matter a lot when we learn what the conver
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Posted On: 06/18/2019 6:45:07 PM
It will matter a lot when we learn what the conversion rate for the preferred shares are.
Or the other option is that someone purchases the company by buying SB’s preferred shares and pays almost nothing for the common. Since SB has voting control, he can approve any deal that benefits himself the most.
Or the other option is that someone purchases the company by buying SB’s preferred shares and pays almost nothing for the common. Since SB has voting control, he can approve any deal that benefits himself the most.
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