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Re: GlassCrasher post# 533

Monday, 02/04/2008 5:36:32 PM

Monday, February 04, 2008 5:36:32 PM

Post# of 590
Old Calpine shares will be canceled, and stockholders will get warrants to buy new shares at an exercise price of $23.88 a share. The warrants will expire on Aug. 25, 2008.

~1 new share warrant per old share.