Wednesday, November 13, 2013 8:39:44 PM
The companies would be capitalized with about $34.6 billion in exchange for preferred stock in the entities and at least $17.3 billion in additional funds would be raised through preferred holders and a rights offering, Fairholme said today in a statement distributed by Business Wire.
http://www.businessweek.com/news/2013-11-13/berkowitz-offers-52-billion-plan-for-freddie-fannie-insurers
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