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The company, according to a person close to the negotiations, is discussing the prospect of converting the government's $40 billion in preferred shares into common equity.
Convertible bonds, for example, should now be an attractive bet, since the prospect of converting a bond to equity is all the more valuable when shares are gyrating.
The areas that would be most suitable for new forests are being used today as farmland, and with rising global food and biofuel demand, the prospect of converting large amounts of it back to forest appear to be remote.
The prospect of converting those savings into profits has encouraged a clutch of companies to commercialize cutting-edge lighting technologies.
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In 1938 it was purchased by the federal government, with the prospect of draining, paving, and converting it into a parkway.
Given the radiant poems that Merrill made out of his life's key chapters, the prospect of a biography, which converts those poems back into the pedestrian facts they transformed, can seem a bad idea.
Under international pressure, government officials in Kabul, Afghanistan, say they have freed an Afghan man who had been jailed since May and faced the prospect of the death penalty for converting from Islam to Christianity.
Under international pressure, government officials in Kabul say they have freed an Afghan man who had been jailed since May and faced the prospect of the death penalty for converting from Islam to Christianity.
Over time, as they sell products and services to these prospects, they convert to customers.
Such premiums mean that the value of the bond far exceeds the value of the stock into which it can be converted, making the prospect of conversion remote.
Neo-conservatives are also evangelists for the Enlightenment, and the prospect of China becoming a great power without converting to it fills them with the same dread.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com