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goodietime

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Re: LuckyPanda post# 477838

Tuesday, 05/16/2017 3:55:00 PM

Tuesday, May 16, 2017 3:55:00 PM

Post# of 735963
LP, "Why issue different escrow markers for preferred and common is everything is supposed to be split 75/25 all the way through? Why not just issue 1 common escrow marker and split the markers 75/25 like they did with the initial 200 million WMIH shares?"

Maybe to avoid 'fractional shares'?

I am far from an expert, but I have seen cases where 'fractional shares' received cash in lieu of said shares. BUT, BUT, had they done it that way..... the VALUE would have been revealed.
Make sense?
IMO
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