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But why did the Central Bank and the Senate approve the issue?
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Any deal that the board strikes would be subject to shareholder approval, since 75% support is required to approve the issuing of new shares to non-shareholders.
Fueling speculation of further deals, South African Breweries said today that it would ask shareholders to approve the issuing of 170 million new shares to be used as currency in future deals.
Voters approved the issue 63percentto37percentcent.
Mr. Clinton has said he relied on the legal advice of his campaign's lawyers and Democratic Party lawyers in approving the issue ads.
On Thursday the city's public works department will appeal the Minneapolis Heritage Preservation Commission's recent denial of a demolition permit, and if the permit is approved, the issue will be voted on by the City Council on May 25.
"By and large, where there are crops grown, and where G.M. materials are approved, the issue is with us," said Dean Oestreich, a vice president at Pioneer Hi-Bred, the world's largest seed company.
There's simply no readiness to take the fundamental steps — like approving the issue of "E-bonds" underwritten by all the euro area's taxpayers or the creation of a European Union finance ministry — that would convince markets the euro zone is ready to assume the logic of monetary union.
Once the new European structure has been approved, the issue of television rights will be addressed.
In a bid to appease investors, company's board recently approved the issue of bonus shares.
"They're still below investment grade, but the upgrade takes them out of the junk category," says Gary Kleiman, an emerging-markets analyst, who notes that Vietnam has also approved the issue of an expected $500 million in U.S. dollar-denominated bonds.
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CEO of Professional Science Editing for Scientists @ prosciediting.com