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jackfburns

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jackfburns

Re: None

Saturday, 01/07/2012 1:30:17 PM

Saturday, January 07, 2012 1:30:17 PM

Post# of 730804
Question re 70/30 split: If two of the three EC members hold preferred (one of them preseizure), why did the EC propose a 70/30 split?

Willingham, who only owns U's, comprises only one vote, so at least one of the P holders had to agree, as they needed a majority.

Thoughts?
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