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altruism

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altruism

Re: Clark6290 post# 720176

Sunday, 05/08/2022 8:28:33 PM

Sunday, May 08, 2022 8:28:33 PM

Post# of 796691
Well the aggregate liquidation preference (LP) for fnf is roughly around $235 billion divided by .75 should the price hold if they converted the LP to shares that’s roughly 313 billion shares hmmm I’m guessing fnf would sink to .0001 maybe go to no bid… converting the LP probably won’t happen fnf are up a creek without a paddle

https://home.treasury.gov/news/press-releases/sm1236#:~:text=The%20liquidation%20preference%20of%20the,now%20stands%20at%20%24228.7%20billion.

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