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Post# of 169274
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Shomidamoni

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Shomidamoni

Re: None

Wednesday, 07/19/2006 8:55:35 AM

Wednesday, July 19, 2006 8:55:35 AM

Post# of 169274
So, someone help me understand this correctly? If the PPS is less than $15 at the closing date, lets say $10 for discussion purposes only. The surviving holdings company (FHAL) will elect to:

a. Maintain the actual PPS at time of closing. $10
b. Set the pps at $15 at time of closing and pay CVSU shareholders $5 per share. $15-$10 = $5.
c. Set the pps at $15, and then what??? I am stumped here.




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