Pursuant to the Plan, Netflix is issuing one Right for each current share of common stock outstanding at the close of business on November 2 , 2012
Under the new stockholder rights plan, announced today, Netflix will issue one Right for each current share of common stock outstanding on the close of business on November 2nd.
concludes (as I mentioned yesterday), that U.S. banks need $275 billion in equity capital (all of which could, in theory, be provided by converting the current TARP investment into common stock).
What Geithner didn't address is what happens to current holders of bank common stock.
For instance, it based the values of several future transactions on the current price of A.I.G.'s common stock.
The Renewable Energy Group, a producer of biodiesel fuel, filed on Monday with federal regulators to withdraw a planned initial public offering of its common stock, citing current market conditions.
Were America to exchange its $45 billion of preference shares in Citigroup into common stock at current prices, it would own over 70% of the voting capital.Is there an alternative for governments that are allergic to nationalisation?
Please note that the financing documents also provide that the Company may use up to $750,000 of the financing proceeds to repurchase shares of Common Stock from current Common Stock holders.
Russian investment group Digital Sky Technologies has placed a tender offer to purchase up to $100 million of common stock from current and former Facebook employees, we've confirmed from a source close to the deal.
Notably, Vkontakte.ru is backed by Digital Sky Technologies DSTthe the same investor who recently took a 1.96percentt stake in Facebook for $200 million – giving the company a $10 billion valuation – and soon after offered to purchase up to $100 million of common stock from current and former Facebook employees.
