To be honest I know the Preferred have some special dividend in the past, but im not sure about in a buy out.
I simply suggested owning both because RGBPP is a much smaller share structure. Smaller impact on overall market Value of Regen, so it can go Higher and not cause the value of the company to increase as much as equal rise in Common. That can be a good thing. Why? Makes the ceiling much higher for preferred before overvaluing the company. Hard concept to explain. Tried.
Ive always suggested to own both or whichever you prefer. We have the same Captian. And for the record im split about even on both. And I have absolutely no other intention but to keep loading both with what i can all the rest of the year
It was something about the comp not treating the non pref share holders fairly? Selling them out? It was not good for holders. So he owns both as insur i think. Could be wrong, all imo.
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