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Thursday, April 27, 2017 11:30:25 AM
Government can purchase FNMA/FMCC common stock at 0.000000001 per share. This warrant will expire 2028. If they issue IPO, I am not sure that the warrant terms will be grandfathered.
Their warrants would still be valid if they structure it the way they did GM. That's a good case that GSE investors should be studying to broaden their understanding of various options that could transpire.
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