A spokeswoman for CSX, which gives shareholders discounts on rooms at the deluxe Greenbrier resort in West Virginia and holds an elaborate lunch for them as part of the annual meeting, said only about 4percentt of shareholders attended.
"Why can't shareholders receive discount on merchandise," several wanted to know.
Shareholders of Discount, which is based in Lakeland, Fla., will receive $7.50 ,plus 0.2577 share of the combined company, the companies said yesterday in a statement.
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.
REUTERS UniCredit Offering Weighs on Its Shares | UniCredit of Italy, seeking to raise capital to comply with new banking requirements, offered existing shareholders a significant discount on new stock on Wednesday, sending its shares tumbling.
South African retail group Steinhoff is to buy Poundland for more than £610m after shareholders in the discount retailer approved the deal, despite an intervention by hedge fund Elliott Advisors.
ImClone's takeover defense is a "poison pill," which would distribute new shares to existing shareholders at a discount in the event that someone other than Bristol-Myers acquired 15percentt of the company.
He worried that the family would find a way to buy out the minority shareholders at a discount since there would be no competition and then turn around and sell the company for an ever bigger price tag several years later.
"Charles Manson and O.J. Simpson could have run against Grillos and I would have voted for them, if they closed the discount," says shareholder Phillip Goldstein of Opportunity Partners.
It is hard to argue with the shareholders about the "Murdoch discount".
Shares in the Italian bank UniCredit, which fell on Wednesday after the bank offered newly issued stock to existing shareholders at a 43 percent discount in an effort to raise capital, continued to slide on Thursday.
