Seeking Alpha

MagicJack (CALL) cancels its rights Offering, saying that after discussions with interested...

MagicJack (CALL) cancels its rights Offering, saying that after discussions with interested parties, it's in the best interest of the company and its shareholders not to go forward at this time.
Comments (2)
  • bonggo
    , contributor
    Comments (3) | Send Message
     
    Can anyone explain what this means ?
    11 May 2012, 09:15 PM Reply Like
  • MdMike
    , contributor
    Comments (121) | Send Message
     
    you wont be getting any free shares they were going to give out one free share for every four owned. That is cancelled.
    14 May 2012, 05:06 PM Reply Like
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