Dime Bancorp Inc (fka DIMEQ)

[CDrucker]

So,

DIMEQ wins; take from WAHUQ's pot.
DIMEQ loses; take from common equity's pot.

What I wonder about is, if we are deemed equity, do we get converted into common shares at the same conversion rate based on the 30 day average of wamu common stock, and then we get our pro-rata share of 30% of newco based on the new total of outstanding shares ?