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The company is hoping to convert about $465 million of its debt into equity held by its creditors.
The offering will allow the Malkins to convert the equity held by other investors into stock in the new company, Empire State Realty Trust.
The move will allow the Malkins to convert the equity held by other investors into stock in the new company, Empire State Realty Trust.
Correction: January 20 , 2001 Saturday A front-page chart yesterday showing the decline in the percentage of equity held by homeowners in their houses carried an incorrect scale.
The difference in the fraction of total company equity held was even more striking -- 1.3 percent at the stars, 0.1percentt at the laggards.
Uberior Investments, an HBOS subsidiary, owns 50% of MGR Capital's equity with the outstanding equity held by Mr Beale and Mr Edwards, primarily under their joint names.
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Is a lack of equity holding you back from selling your home?
The T. Rowe Price fund owns OTP and Hansabank, and Vontobel Eastern European Equity holds those two plus Pekao.
To that extent, private equity holds lessons for public companies.Risks and rewardsOne concerns the question of how much risk to load on to executives.
Commerce Bancshares is the American Century fund's largest equity holding.
Tiger's largest equity holding at that time was U.S. Airways, whose troubles dragged down Tiger's overall returns.
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