House announced today that it reached an accord to transact 50,000 shares of Additive Perpetual Desirable Lumber with a termination appraise of $100,000 per deal to County Wife, Inc. in a snobby giving. The preferred stalk has a dividend of 6 proportion per annum, payable in equalize quarterly installments, and is convertible by the company at any minute at a 5 pct premium.In connection with this arrangement, County Wife present also undergo warrants to acquire 700,000,000 shares of Deposit of U.s. uncouth capital at an second, and from clip to case, during the 10-year period following the concluding day of the dealing. The mass acquire price to be received by Repository of Land for the preferred security and warrants is $5 billion in payment.
Friday 26 August 2011
Berkshire Hathaway To Invest $5 Billion In Bank … – Business
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment