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Post# of 730596
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porkman385

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porkman385

Re: fsshon post# 116962

Tuesday, 11/03/2009 2:21:25 AM

Tuesday, November 03, 2009 2:21:25 AM

Post# of 730596
Can someone please explain this in a little more detail? I'm not quite certain as to how converting preferred shares into common shares in WMI would reduce the debt in WMB. I believe it, I just would like to understand why.

"Bonderman decides on Sept 7th (MOU w/OTS)to convert his preferred shares in WMI to Common shares. This would alleviate the debt that was actually owed by WMB."
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  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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