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Re: ziploc_1 post# 111578

Saturday, 08/05/2017 4:29:24 PM

Saturday, August 05, 2017 4:29:24 PM

Post# of 425942
Zip, what you described is simply a rights offering. RO's are routinely done as a means of raising money by closed end funds in the US. Overseas, many public companies use them also. In the US, we're more likely to use secondary stock offerings, often spot secondaries.

But they are hardly a courtesy to long standing shareholders.
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