Exactly...now you are thinking. In the prospectus, Lehman did reserve the rights to make a tender offer at less than face value to redeem the shares. In that particular case, there might be need for a vote. I do not believe that Lehman owns the majority of shares (although they may own many) however if they did they would redeem them at a higher face value rather than a lower! Why would they buy a majority, and then give themselves a lousy return JUST to screw the minority holding CT shares? LOL.
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