Remember, Anything above $270M will go to the Preferred shares(OSHQE),up to $20M. So if there is an offer for $290M or higher then Preferred shares will be paid in full(~4.16 per share) and everything else will go to the commons. I believe that preferred will get paid but not the commons. I bought OSHQE...let see what happen in the next 40 days.
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