Preferred share conversions are usually done on a dollar-for-dol

来源: 2009-09-09 15:22:52 [旧帖] [给我悄悄话] 本文已被阅读:

There are 11.33B shares of C right now. So it is from 11.33B to 22.88B.
Preferred share conversions are usually done on a dollar-for-dollar basis. So there should be no value dilution for share holders. Where does the $3.28 come from? Please direct me to the news source.