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The fact that, under the terms of the Merger, the preferred stock of certain Board members was converted to common and that this was slightly more beneficial to them than taking a liquidation preference does not suggest that those Board members were not independent or had personal interests that materially diverged from those of the Company's other stockholders.
Similar(59)
I think it executes that plan, provided that losses don't again materially diverge from expectations.
"It has become apparent that the board of Centaur's views on the value of the company materially diverge from those of Mr Wilmot and his potential financing partners," he said on Tuesday.
Now the paths diverged.
Their paths have diverged.
Their paths then diverged.
Then it diverged.
Soon, our paths diverged.
Then their paths diverged.
Then the paths diverged.
Now the defenses diverged.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com