A PIPE is usually done on quite advantageous terms and includes complicated options, preferred returns and redemption features all intended to give more value to the investor.
And with the economy weak, consumers who are short of cash may prefer returned goods in plain brown cardboard boxes over brand new, more expensive merchandise in shiny packages.
The author prefers returning to the feel-good and the improbable, such as the Ku Klux Klan story that Atticus tells his children: "They paraded by Mr. Sam Levy's house one night, but Sam just stood on his porch and told 'em things had come to a pretty pass, he'd sold 'em the very sheets on their backs.
Clinton's return to the senate seemed to go well, but she certainly would have preferred to return as her party's presidential nominee, rather than just the junior senator from New York.
The Crusaders would have preferred to return to France, but the king decided instead to remain.
Given the choice, I would have preferred a return to the Zephyrs, which could have produced the same retro dissonance as the Los Angeles Lakers and the Utah Jazz.
Invitations came to conduct a number of American orchestras; Abbado, already showing an indifference to astute career moves, preferred to return to Europe.
Gordon was born in White Plains and raised in upstate New York, so he preferred to return to the Jets, even though he was being pursued by several other teams.
Rather than continue to pump workers for extra productivity, firms preferred to return to more normal management conditions, and to let too-high wages adjust over time: "pent-up" wage cuts have been achieved simply by not granting raises.
The people preferred to return to Ruang.
