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retireat40

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retireat40

Re: odiaz28 post# 3317

Thursday, 09/05/2013 8:04:55 PM

Thursday, September 05, 2013 8:04:55 PM

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We already know all of that...it has no bearing on what we've been discussing. The preferred share owners are due up to $150 million of any sale proceeds. Since the proceeds are $44 million, the preferred shareholders get all of the money. There is no way around this. The commons get nothing from this transaction.
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