So the preferred holders who would be selling $25 dollar par value shares at $5 are disappointed, but it's a for sure BK if they don't, so isn't it a no brainer??? They have to sell or they get nothing. So question is, what does it mean for common shareholders?
RBC Analyst: 300 Banks Could Fail [Housing Tracker] [View article]
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So the preferred holders who would be selling $25 dollar par value shares at $5 are disappointed, but it's a for sure BK if they don't, so isn't it a no brainer??? They have to sell or they get nothing. So question is, what does it mean for common shareholders?