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And if spending is more robust, businesses will first choose to offer existing part-time workers longer hours.
The government would continue to offer existing Medicare coverage as well as offer a second option that would be expanded to include coverage of drugs.
It will then offer existing Sprint shareholders the chance to cash out some of their holdings for $7.30 each, a handsome premium to the stock's current levels.
The owner of Budget and Avis said it was issuing 334.7 million new shares and will offer existing shareholders four new shares for every seven Avis shares they own.
Instead, the alternative proposal — in which the company would buy back 1.1 billion shares at $14 each — would offer existing stockholders more money while giving them a chance to keep a piece of the company.
However, as one of the proposed resolutions was not passed, the club will first have to offer existing shareholders the right to maintain the size of their stakes.
Similar(42)
While a few offered existing work, others created new projects.
The rights issue offers existing shareholders new shares at 125p each, a 34.2% discount to Monday's closing price.
Publishers offered existing novels by established authors, but they did not sell, suggesting keitai readers were a new audience.
The deal was criticized by some investors who had argued that the bank should have offered existing shareholders the chance to participate in any capital increase.
HEAVY DISCOUNT The Italian bank UniCredit, which is seeking to raise capital to comply with new requirements, offered existing shareholders a significant discount on new stock on Wednesday, sending its shares tumbling.
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