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bidingmytime

02/15/13 9:46 AM

#384092 RE: islandcat #384091

More like 570 million (all of the Tepper funds not just Apoloosa).
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Nellafom

02/15/13 10:01 AM

#384093 RE: islandcat #384091

they probably owned k and Hs, to the multipliers are lot smaller.
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David West

02/15/13 10:03 AM

#384094 RE: islandcat #384091



Shares owned and to be converted are in this document:

http://www.kccllc.net/documents/0812229/0812229120213000000000026.pdf

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WithCatz

02/15/13 10:12 AM

#384096 RE: islandcat #384091

More likely REITs which became P equivs, perhaps Ks and Ps as well.

Remember, they were trying to collectively control 1/3 of the classes so that they were a 'blocking vote'.

So conversion wasn't likely from WAMUQ commons.

...Catz