If the swap turned against us – as it did – we would have to pay.
What started as a stock swap turned into a cash deal because Martin Davis, the studio boss at Paramount, interrupted with a hostile bid for Time Inc.
The LT2s have a simple scheme: they want a pretty straightforward debt for equity swap, turning their £1.3bn of debt into shares.
Two teams of researchers have found different ways to perform the same biological identity swap: turning skin cells into neurons.
The Uber deal brought with it a stock swap — turning Didi and Uber from competitors into stakeholders — and the Chinese company has also backed Grab in Southeast Asia, Lyft in the U.S., Ola in India, Careem in the Middle East and — more recently — Taxify, which is primarily focused on Europe and Africa.
But as the two stood side by side in the hospital atrium, swapping turns with the microphone in a discussion with doctors and parents, the topic was at times overtaken by two other objectives of the Gore campaign: making Mr. Gore more likable, and finding ways to attack George W. Bush without turning voters off.
Chicks from the same crèche tended to pair up for the whole journey home mimicking each other's movements, swapping turns leading the way, and taking straighter paths home.
Swapping turned out to be invigorating, even inspirational.
Then, as interest rates plunged and the swaps turned out to cost far more, Goldman and the other banks refused to let the municipalities refinance without paying hefty fees to terminate the deals.
Cam Cole of The Vancouver Sun explains that the league has put too many obstacles into this process, including the loser's point that jams up the standings with teams that think they're still in contention, and thus, what's usually a swap meet turned into a lawn sale on the wrong side of town, writes Bruce Arthur in The National Post.
It sometimes sounds like we're discussing lines of European nobility swapping out turns on the throne.
