14 per share on the company's class A common stock (determined in the case of class B and C common stock and series B and C convertible participating preferred stock
on an as-converted basis), it reported on Wednesday.
14 per share of class A common stock (determined in the case of class B and C common stock and series B and C convertible participating preferred stock
on an as-converted basis).
AIG) today announced that on March 4, 2009, it issued 100,000 shares of Series C Perpetual, Convertible, Participating Preferred Stock
to the AIG Credit Facility Trust, a trust established for the sole benefit of the United States Treasury.
The Rights will become exercisable to purchase 1/1000th of a share of Ligand's Series A Participating Preferred Stock
, at an exercise price of $100.
Partial ValuationCohow to analyze the special features of VC transactions such as convertible preferred stock, participating preferred stock
, payment-in-kind dividends, and liquidation preferences
In addition, the owner of the Company's sole outstanding share of Series A Preferred Stock, the National Association of REALTORS(R), re-elected Alan Yassky as a Class I director and the holders of Series B Convertible Participating Preferred Stock
, Elevation Partners, re-elected Roger McNamee as a Class I director.
50, the right for one one-thousandth of a share of Bexil's newly-created Series A Participating Preferred Stock
, or the number of shares of Bexil common stock equal to the holder's number of rights multiplied by the exercise price and divided by 50% of the market price of Bexil's common stock on the date of the occurrence of such an event.
to purchase all of the outstanding shares of common stock (including the associated Series A Junior Participating Preferred Stock
purchase rights) of Imagistics, at a price of $42.
7 million Series A Participating Preferred Stock
issue by Chroma.
Each Right will allow its holder to purchase from the Company one one-thousandth of a share of Series A Junior Participating Preferred Stock
for $27 once the Rights become exercisable.
Each Right will entitle stockholders to buy one one-thousandth of a share of a new series of junior participating preferred stock
at an exercise price of $45.
Gale and Henderson to the Board, both of whom were recommended by the Participating Preferred Stock
Holders, affirmatively addresses a right of holders of the Preferred Stock to place two members on the Board in the event the Company fails to pay a Preferred Stock dividend for six consecutive quarters.