Thursday, December 04, 2014 11:05:25 PM
He converted his $15M investment, which would have been treated as equity in the liquidation, to shares and voting power long after the decision to sell-off the wireless/voip assets was made. He converted his investment to a control position at a 70% loss-to-value for a reason. Corporate structure. Public asset. Inherent rights. He does things his way...80%. Own some Celgene? Yeah, you're fine, right? Hold your KEYO, regardless.
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