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Tuesday, January 19, 2010 3:50:05 PM
The next PR may give a bit more information. It is the one or two after that which I would worry about. To MERGE the two companies into GRBG will require a RS and/or a massive increase in AS so that current WOW shareholders end up with the right amount of shares in mergeco (formerly called GRBG).
Yes, you will still own WOW at the end but you will have significantly fewer shares than you have now. And Allie will determine who gets what because he si on both sides of the merger. I think he will do fine out of this. IMO - Current shareholders - not so much.
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